Kansas Rate Review Grants Award List
Cycle I Grant Application Summary
Kansas Grantee: Kansas Insurance Department
Award Date: August 16, 2010
Award Amount: $1,000,000
- Improve the Review Process: Kansas currently conducts prospective review of health insurance premium increases, but the review process is limited due to staff and funding constraints. The State will enhance its review process by investing in new premium analysis systems and information technology infrastructure and by acquiring additional staff and actuarial services dedicated to health insurance premium review. The net result of these enhancements will be that more health insurance premiums are subjected to thorough actuarial review.
- Increase Transparency and Accessibility: Health insurance premium filings are not currently disclosed. Kansas will post filings and related summary reports on its website. Additionally, consumers will be able to comment on all proposed increases.
- Develop and Upgrade Technology: Kansas will develop new analytic capabilities, including new pricing software to compare issuer data.
Last updated: September 21, 2012