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AARP Praises New Health Insurance Rules for Protecting Consumers

FOR IMMEDIATE RELEASE
November 22, 2010

CONTACT
AARP Media Relations, media@aarp.org, 202-434-2560

AARP Praises New Health Insurance Rules for Protecting Consumers

WASHINGTON—AARP Executive Vice President Nancy LeaMond released this statement following today’s announcement by the Department of Health and Human Services of new protections that ensure consumers’ health insurance premiums are spent wisely:

“We are pleased that the Administration has adopted consumer-friendly medical loss ratio rules that, on the whole, strike a smart balance between ensuring value for consumers and compensating insurers for legitimate administrative costs. Coupled with new benefits under the health care law, these regulations ensure consumers will receive better value for their health care dollars.

“We encourage the Department of Health and Human Services to continue to monitor the effects of the new regulations and make needed adjustments to ensure consumers have access to affordable health coverage and quality care.”

For more information, visit www.aarp.org.

AARP is a nonprofit, nonpartisan social welfare organization with a membership that helps people 50+ have independence, choice and control in ways that are beneficial and affordable to them and society as a whole. AARP does not endorse candidates for public office or make contributions to either political campaigns or candidates. We produce AARP The Magazine, the definitive voice for 50+ Americans and the world's largest-circulation magazine with over 35.1 million readers; AARP Bulletin, the go-to news source for AARP's millions of members and Americans 50+; AARP VIVA, the only bilingual U.S. publication dedicated exclusively to the 50+ Hispanic community; and our website, AARP.org. AARP Foundation is an affiliated charity that provides security, protection, and empowerment to older persons in need with support from thousands of volunteers, donors, and sponsors. We have staffed offices in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands.

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