Letter from the Center for Consumer Information and Insurance Oversight Regarding the Maine Bureau of Insurance’s Request for an Adjustment to the Medical Loss Ratio Standard
March 8, 2011 On March 8, 2011, the federal Center for Consumer Information and Insurance Oversight (CCIIO), operating under the Centers for Medicaid and Medicare Services, granted the state of Maine the first waiver to the Patient Protection and Affordable Care ActÂ’s (PPACA) medical loss ratio rule. This letter to the Maine Bureau of Insurance details the CCIIO's explaination for granting the waiver. Download the Report . . .
