Introduction
There is the significant gap between the quality of the care that the health system offered in the U.S is capable of delivering to its people and the quality that is currently provided. The gaps are seen to be the results of the health care organizations to incorporate the known and achievable laws into their existing systems. Hence, like any other state, some rules govern the rights of the clients who are covered by the insurance policies in the Minnesota state. The insurance companies should obtain the licenses from the state level because the state level regulate licensing and some of the insurance policies. In addition, the early market reforms lacked the additional options to the clients and hence, the implementation of the new insurance law began with the dozen of the provisions. The options could accommodate the health insurance of the needy individuals who could not afford the insurance using the old policy. The major issue involved in the law governing the insurance is the standard price insurance coverage for all the individuals with those having the pre-existing conditions, family coverage including the dependent members.
Research in the area of Minnesota state law in the area delivering live and health insurance coverage to clients
The law covering the live and health insurance to all the clients contains the acts that are stipulated in the statutes. It ensures that there is comprehensive health information exchange between the group of purchasers and the health caregivers. Notably, it oversees the legal issues involved in the exchange between the entities for quality delivering of services hence, ensuring the efficiency.
There is the shift of the medical records of the paperwork to the electronic formats which has increased the efficiency of providing the health and life insurance to all the patients around the state. The clients can easily access and use their personal health data. The act of protecting the consumers and their privacy has remained a long standing tradition especially in the Minnesota state since the previous legal protections at tribal, federal, state and the local levels were inadequate and inconsistent (Title Insurance 67). Therefore, the patchwork of laws gave limited privacy protections for the health caregivers and their clients. The statues need to implement the timetables that begin with the dozens of the provisions and with the options and implementations throughout the coming years. The culmination of the laws ensures that there is a launch of the marketplace where they can sell policies that can take effect for the purchasers and the individual enrollees within that given year without further complications (Title Insurance 74). The major issue that needs to be included in the implementation of the new law is the issue of the standard price insurance coverage for the persons with the pre-existing conditions and the expanded review of the premium rates.
Agent licensing requirements to sell life and health insurance in the state of Minnesota
There are numerous requirements needed for one to sell the health insurance to the clients of the Minnesota state. The requirements are meant to ensure the authenticity and security of the insured people and provide the comprehensive understanding of the policies to both the insured and the insurance. The state requires that there are provisions of insurance license or the security license which is not difficult to acquire, but it requires one to fulfill minor requirements which are vital (Title Insurance 32). One needs to take the licensing exams which are different from state to state; the reviews are meant to provide the knowledge of the laws and the policies that govern the insurance regulatory commission in the Minnesota state.
The other requirements are the skill needed in the field and the job specifics since they are referred as the producers; they must represent, see and offer the clients one or more types of the insurance products which are not limited to the life, property, healthy and disability including the long-term care. Notably, the sales agents should provide and offer the comprehensive financial planning services to their clients (Title Insurance 67). The services include the estate planning, retirement planning and assistance in setting the pension plans for the business. The person selling the insurance need to have the state issued license which varies from state to state and contain the related coursework.
What are state life and health insurance laws which protect the insured against legal acts by life and health insurance companies?
When the insurance company goes out of the business, there are the security measures that are kept to protect the insured from losing all their investments. The laws stipulate that the insurance company will have continued covering as long as the premiums are being paid or the cash value existence is still in place. The company achieves this directly, or it can transfer the policy to the other insurance company, this ensures that the clients continue to enjoy their benefits. In most cases, the court of the jurisdiction will act in the departments of the insurance to determine when the insurance agency needs the individual controls and checking. The supervision and the rehabilitation of some kind tend to follow. The strong actions are taken which may affect some of the policies (Health Care Capital Expenditure Reporting Law 23). The liquidation law may require the company to dissolve and give all the money to the other insurance companies who may continue to offer the coverage, or the same company can amalgamate to increase its strength of providing services to its clients.
Other laws cover the insurance clients in most of the areas that the clients find them in and they are experienced daily. The late payments of the premiums are a common aspect that has been noticed. The Minnesota insurance laws provide such individuals with an opportunity to explain the remaining balances and continue paying, this, in turn, will not affect their coverage. Those individuals who totally fail to pay are given a period in which the waivers are raised, and the company will no longer continue to cover for such individual (Health Care Capital Expenditure Reporting Law 63). The case may be due to the shifting to another insurance company, or the person might have lost his or her job. Furthermore, the situations like the reinstatement of the policies and ensures right to information can only be solved by continuing the policy under its original terms until the insurance expires for it to accommodate the new systems. Notably, the terms can only change if the insured individual is given enough information until he or she agrees to change the initial conditions to fit the current conditions (Hyman and Stuhler 54). When the client denies continuing to take a policy due to the changes in policy terms, then the efforts are made to find another viable insurance company where the client can fit. For the security purposes and to protect the personal client information, the insurance companies have shifted from the record keeping using files to the utilization of the electronic devices like the computer (Health Care Capital Expenditure Reporting Law 23). The method allows easy access to the information by the clients, and the also enables them to gain more control of their personal data. Other laws like the HIPAA Privacy Rule have also been introduced to restrict the way in which the care providers disclose or use the information for the health research purposes. The law that governs the individuals who fail to contribute premiums is still in place, the introduction of the waivers is the only mode of payments for such individuals. The rule has solved the vexing issue in the insurance sector especially the part concerning the security.
The major provisions of the new Minnesota care health plan which was created as part of the affordable health care act (Obama care)
The Obama care plan is the plan for the United States health care reform which represents the new health care bill signed by the Obama. It is titled the patient protection and affordable care act of 2010. The new health care law aims at providing the quality and the affordable health which could reform the health insurance industry while increasing the healthcare rights in the United States; also, it reduces the wasteful spending of money in the healthcare (Obamacare Facts). The principal purpose is to reform the health care system in all the states and provide the ability to aid and treat the high percentage of the Americans suffering daily without the proper insurance cover. The Obama care bill helps the healthcare enacted to grant rights to Americans to get the health insurance easily. The Obama care gives the subsidies to middle and low-income Americans and aids them in getting affordable healthcare (Obamacare Facts). The state is the main source of funding the life coverage of most individuals and also the same people contribute little to sustain the program to continue running. The law aims at providing the quality, affordability and availability of the health insurance to over 45 million uninsured through some regulations like the new regulations, mandates, taxes and subsidies. From my point of view, the Obama care health insurance will continue to work since it is beneficial to many people and also it was supported by many people since its establishment.
Works Cited
The Health Care Capital Expenditure Reporting Law: Report to the Minnesota Legislature. St. Paul: Minnesota Dept. of Health, 2003. Print.
Obamacare Facts. N.p., n.d. Web. 5 Mar. 2016.
Hyman, Colette A., and Barbara Stuhler. "Gentle Warriors: Clara Ueland and the Minesota Struggle for Women Suffrage." The Journal of American History 83.2 (1996): 646. Print.
