john huff

Missouri Department of Insurance

Starting in 2018, Missouri will no longer be the only state in the country barred from collecting information on health insurance rates.

Gov. Jay Nixon on Tuesday signed legislation requiring health insurers to file proposed rates with the Missouri Department of Insurance and the department to determine if they’re reasonable or not.

If the department finds them to be unreasonable because they’re excessive, inadequate or unfairly discriminatory, the law authorizes it to disclose that to the public, which can then comment on the proposed rates.

brains the head / Flickr-CC

The Missouri Department of Insurance has issued its largest penalty to date, to health insurance company, Aetna.