Montana’s State Auditor and Insurance Commissioner Troy Downing continues to reach out to Montana consumers with tips to keep from becoming victims of scams, especially that deal with insurance. Downing recently released a public service announcement dealing with this subject. “Something has come to our attention,” said Downing. “One problem that is somewhat growing, is … Read more
WASHINGTON, D.C. (May 18, 2021) – The North American Securities Administrators Association (NASAA) today announced that its membership has voted to approve a model act for use by jurisdictions that are considering establishing restitution assistance funds for victims of securities violations. The NASAA Model Act to Create a Restitution Assistance Fund for Victims of Securities Violations may … Read more
A new model act from the North American Securities Administrators Association (NASAA) would act as a guide for states to pass their own legislation or regulation creating “restitution assistance funds” for victims of securities violations who have not been paid. The “Model Act to Create a Restitution Assistance Fund for Victims of Securities Violations,” proposed last July, was … Read more
Health care is expanding. Here’s how. | Montana Free Press by Alex Sakariassen 05.10.2021 Over the past four months, lawmakers in Helena have debated and fine-tuned a slate of policies designed to address Montana’s long-standing issues with medical access and affordability. Several of those bills are now poised to take effect, a development that health care leaders … Read more
Montana State Auditor and Insurance Commissioner Troy Downing spoke to KGVO on Tuesday to let consumers know about the possible risks of multi-level marketing or MLM’s, especially those that don’t comply with Montana law in registering with the State Auditor’s office. “We’re looking at multi level marketing programs, and we have a code on the … Read more
State trust lands are managed by the Department of Natural Resources and Conservation Trust Lands Management Division. Timber, surface, and mineral resources are managed for the benefit of the common schools and the other endowed institutions in Montana, under the direction of the State Board of Land Commissioners. State Auditor Troy Downing is on the Land … Read more
By CHAD SOKOLDaily Inter Lake | May 4, 2021 12:00 AM A bill that would give Montana officials the power to license and regulate pharmacy benefit managers — the middlemen that negotiate drug prices and determine which medications are covered by health insurers — is headed to Gov. Greg Gianforte’s desk. Proponents say the measure would shine a … Read more
Montana Makes Telehealth Expansion Permanent On April 19, 2021, Montana Governor, Greg Gianforte, signed House Bill 43 (“HB43” or the “Bill”) into law. The Bill, which is effective on January 1, 2022, expands access to telehealth services in Montana that was originally extended because of the public health emergency (the “Pandemic”). HB43 continues in a long line … Read more
Montana State Auditor and Insurance Commissioner Troy Downing spoke to KGVO News on Tuesday to discuss a bill about to be signed by Governor Gianforte that will give his office a better handle on prescription drug costs due to Pharmacy Benefit Managers. “It is one of the biggest growth areas in patient care,” said Downing. … Read more
Gov. Greg Gianforte signed several bills into law this week, including policies to end same-day voting registration and change voter ID requirements; limit local public health powers; expand telehealth access; give businesses tax breaks for vocational training; allow insurance companies to consider gender when setting rates; address the issue of missing and murdered Indigenous people; … Read more