A bill requiring life insurance companies to find and pay Montana beneficiaries was signed into law Friday, ensuring Montanans receive the insurance benefits they are owed.
Commissioner of Securities and Insurance Monica J. Lindeen applauded Monday the bipartisan passage of Senate Bill 84, which promotes a Lindeen initiative to lower the cost of health care. SB84 provides structure and standards for a Montana patient-centered medical home program, as well as necessary anti-trust protection for insurers to properly reimburse providers who adopt the model.
Governor Steve Bullock has signed into law a bill providing ongoing funding for the Securities Restitution Assistance Fund, a pool of money that helps victims of investment fraud get back on their feet. The legislation sponsored by Rep. Duane Ankney (R-Colstrip) at the request of Montana Securities Commissioner Monica Lindeen, helps victims of Ponzi schemes, pyramid schemes and other investment fraud recover a portion of what they lost.
A Montana initiative led by Insurance Commissioner Monica J. Lindeen has earned national attention and won Montana a spot among only three other states in a learning collaborative that will help drive Montana’s effort to lower health care costs and improve medical outcomes.
More than a decade ago, then-Secretary of Defense Donald Rumsfeld famously summarized a quandary we face in national security: there are things we know, things we know we don’t know, and things we don’t know we don’t know. Rumsfeld took flak in the media for his wordplay, but the concept he tried to express is one that we face both in and out of the national security arena. In health insurance, for example, we know the cost of insurance and the cost of health care are out of control. Chalk that one up in the “things we know” category.
Commissioner of Securities and Insurance Monica J. Lindeen today presented a landmark definition of routine care for cancer patients that improves patients’ access to cutting-edge clinical trials. Responding to calls from cancer patients who couldn’t get their insurance to cover routine care during clinical trials, the 2011 legislature tasked Lindeen’s office with studying ways to clarify insurance coverage during potentially life-saving treatment.
Commissioner of Securities and Insurance Monica J. Lindeen will bring a council of healthcare providers, insurance professionals, cancer survivors, and patient advocates together at the same table for the first time on Wednesday, September 28th at the Best Western GranTree Inn in Bozeman to study ways to improve insurance coverage for cancer treatments.
Jesse Laslovich, Chief Legal Counsel for the Commissioner of Securities and Insurance (CSI), today delivered a presentation on building a Made-In-Montana Health Insurance Exchange to the Montana Legislature’s Economic Affairs Interim Committee.
Commissioner of Securities and Insurance Monica Lindeen today vowed to continue her work to reform health insurance in Montana despite legislative inaction on several key issues, including state-based legislation to establish an online health insurance market.
On Thursday, March 10th, at 8:00am, Montana Insurance Commissioner Monica Lindeen will testify in opposition to SB 228, a bill that prohibits creating a state-level health insurance exchange. SB 228 is sponsored by Senator Jason Priest from Red Lodge and will be heard by the House Business and Labor Committee.