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SFGTV BOS Public Safety Committee 22516 February 28, 2016

Make a motion to exkoos supervisor camp pose. I would like to thank you the clerk and jim smith and jessie larsson. [inaudible] speaker cards and copies to documents included to the file should be submitted to the clerk. Items will appear on march 8, 2016 board of supervisors genda unless otherwise stated thank you mr. Clerk. Could we read the first item item 1, resolution authorize adoption of Mental Health Service Report for 20152016 the department of Public Health is here to introduce the item, charles mayor will present on behalf of the department. Thank you so much for being here today. Helly everyone, thank you. My name is charles mayor and acting director of Mental Health service act. Enacted through a Ballo ....

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CSPAN2 Key Capitol Hill Hearings November 6, 2015

In addition to my responsibilities intimacy, i serve in leadership roles on the National Association of Insurance Commissioners. And as a member of the federal advisory committee. I spent most of my career and insurance regular can, previously serving in kentucky. I have a strong affinity for the statebased oversight. My testimony today will highlight the history of tennessee coops. My comments will focus on events this year that ultimately led to on october 14. They were awarded loans and advances to launch the company. In first offered plans 2014 with plans and five of disease eight Service Areas of tennessees eighth Service Areas. Options,mited network the company memberships and rate challenges were compounded by a population that was love healthy a ....

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CSPAN2 Key Capitol Hill Hearings November 10, 2015

To the other plan raise costs . Every plan lost. That is what i understand. They had to underbid. Some survived and some did not. We did not have any company accurately. And so some of our larger established companies could withstand losses, but the coop did not have resources available. What would you say are the top reasons, 1200 the 23 failed . Internal problems, too. Do you have insight into the top reasons why they fail . I do not know what happened in the other groups surprising payments a set of receivables. Why dont we just suggest that there were no mistakes made by management in coops , but if you look across the marketplace where you see is that this was a competitive marketplace and Insurance Companies priced aggressively. The difference was they did not have other business and surplus, and their capitol was continuously reduced and whenwhen the commissioner talks about learning to sail in a hurricane that is espe ....

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CSPAN3 Politics And Public Policy Today November 5, 2015

Corridors and they were confident they would get the must be back because i said what are you presuming for the number of healthy subscrapers under age 30 . Well, a third of our subscribers will be young and healthy. And i said you know what are you guys smoking . Thats not going to happen. Whats going to happen when it community . Well, well lose money and the government will make it up to us. This was set up for failure from day one. The Insurance Companies knew it was going to fail. They released a product that was underpriced that could not make money. So mr. Morrison, when you talk about it being not capitalized properly, would you agree with me if the coops made money we wouldnt be having this discussion . You dont need more capital if you start with x and you make money. Isnt that just fundamental common sense . I would agree with that. So and all the companies lost money. So were here because obamacare was set up for ....

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CSPAN Key Capitol Hill Hearings November 6, 2015

These options today. Thank you, i look forward to your questions. Let me start was in questions. Many factors contributed to the failure of the coops. Lower than higher expected enrollments, restrictions on investors, risk adjustment formulas, lots of those. Let me start off. What are the top reasons the coop failed in your state . Thank you for your question. Our coop had challenges from inception, in that as the commissioner mentioned, going into a state without Provider Networks cause the company to have to lease those. There were a ministry of cost that were new to the startup, that any startup would have. But in 2014, we had disastrously low enrollment. Truly come at most, 1000 people signed up for the coop plan. Mostly because the rates were somewhat higher than the leader and the wellestablished companies in tennessee. Overcoming those challenges became extremely difficult. And is why we saw significant rate increases fo ....

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