Florida Gov. Rick Scott (R), Attorney General Pam Bondi, Agriculture Commissioner Adam Putnam and Chief Financial Officer Jeff Atwate approved a law Tuesday requiring a disclosure form that will tell policyholders how the Affordable Care Act will impact their premiums.
Proponents of the form argue policyholders need to know how the federal health care overhaul will affect their premiums. According to the Tampa Bay Times, critics say the disclosure form could mislead people to believe rising rates are associated with health care reform while reductions in cost would be ignored.
Greg Mellowe, policy director of the health insurance advocacy group Florida CHAIN, said the form presents "unfair 'apples and oranges' comparisons" in insurance rates. Bill Newton, executive director of Florida Consumer Action Network, called the form an "incredible waste of money."
Scott previously stated that his administration would not implement a so-called health insurance exchange in Florida, but he later flipped on the issue and agreed to expand the state's Medicaid program.
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