Insurance and Financial Services

LD 1333: What does it do?

L.D. 1333 OVERHAULS Maine’s health insurance market for about 40,000 people – those who buy independently or through employers whose companies have 50 or fewer workers. The legislation: • Allows companies from every other New England state except Vermont to sell insurance in Maine beginning in 2014. Current law prohibits out-of-state companies from selling insurance...

SENATE DEMOCRATS: HEALTH CARE OVERHAUL IS NOT PANACEA FOR UNINSURED AND WILL HAVE UNINTENDED CONSEQUENCES

Majority of Senate Democrats demand more protections for consumers and uninsured AUGUSTA—The State Senate voted 24 – 10 largely along party lines in favor of enacting the Republican-led health care overhaul bill, LD 1333. “After listening to days of debate, the Republicans would have you believing this is the panacea for the 133,000 people without...

STATEMENT ON RESIGNATION OF MILA KOFMAN

AUGUSTA—Senate Democrats released the following statement after learning of Mila Kofman’s resignation from the position of Maine Superintendent of Insurance.   Senator Barry Hobbins, of Saco, and Democratic Leader: “The people of Maine have been fortunate to have a nationally recognized insurance expert leading our Bureau of Insurance. I have the highest regard for the...

WCSH 6: Senator Hobbins on LD 1333

Maine Senate to vote on health care bill on Monday

By DAVID SHARP , 05.13.11, 02:27 PM EDT Read more at Forbes.com PORTLAND, Maine — As Republicans appear poised to enact a health insurance reform bill, the GOP and Democrats are embroiled in their first deeply partisan fight, one that’s opening wounds even as debate looms on dozens of other bills, including Gov. Paul LePage’s...

Maine Senate approves health care bill

By GLENN ADAMS Read more at Bloomberg Businessweek. The Maine Senate on Wednesday night gave its initial approval to a Republican-backed health care overhaul bill, despite Democratic pleas for more time to study and refine it. “The people of Maine are depending on us to do something,” Senate President Kevin Raye, R-Perry, said during a...

Talks fail to yield compromise on health insurance

STATE HOUSE By Tom Bell tbell@mainetoday.com MaineToday Media State House Writer AUGUSTA — Negotiations between Republican and Democratic leaders Tuesday over a GOP plan to overhaul Maine’s health insurance system failed to produce a compromise, so the partisan battle is expected continue today on the floor of the Senate. The House voted 79-68 Tuesday to...

Democrats urge alternative plan for insurance reform

1,476 business owners, doctors say insurance overhaul will drive up costs, hurt rural Maine AUGUSTA –Democratic lawmakers from the Maine Senate and House convened today to urge Republicans to reconsider a measure to overhaul Maine’s health care law prior to votes on the bill, LD 1333, by the House and Senate scheduled for Tuesday. The lawmakers...

Legislature to vote on health care overhaul

Committee Republicans support the plan despite criticism that the implications are still unclear. By Tom Bell tbell@mainetoday.com MaineToday Media State House Writer AUGUSTA — Republican lawmakers are pushing ahead on an ambitious bill that would overhaul Maine’s health insurance system and create a new one designed to foster more competition. In a party-line vote Friday,...

Insurance Committee Democrats repeat requests for data on health care state overhaul in formal letter to policy analysis office

AUGUSTA –  Rep. Sharon Treat of Hallowell has sent a formal request for information and analysis on the Republican proposal to repeal significant portions of Maine’s health care protections from the state’s non-partisan policy analysis office ahead of a rushed floor vote on the repeals planned for Thursday.  Treat detailed in a May 2 letter (enclosed) the...

HEALTH INSURANCE BILL ‘RAMRODDED’ THROUGH COMMITTEE IN UNPRECEDENTED DECISION

Democrats muzzled despite efforts to work together AUGUSTA – The Insurance and Financial Services Committee voted to advance significant repeals of Maine’s health care  protections today during a work session on bill LD 1333, “An Act To Modify Rating Practices for Individual and Small Group Health Plans and To Encourage Value-based Purchasing of Health Care Services.“ Republican lawmakers...

Democratic Leader Proposes Legislation Aimed at Protecting Maine’s Senior Citizens

Senate Democratic Leader Barry Hobbins of Saco testified today during the Joint Standing Committee on Insurance and Financial Services regarding a bill he sponsored, An Act to Permit Senior Citizens to Designate a 3rd Party to Receive Notice of Cancellation of Insurance Policies (LD 313), which permits insured persons 65 years of age or older...