MIAMI — Florida insurance officials say a disclaimer is being added to a state website that gave the misleading impression that many insurance companies were not seeking rate increases for health plans offered next year on the federal health exchange.
Office of Insurance Regulation spokesman Harvey Bennett says insurance companies weren't able to shield rate prices and other information from the public, so many of them entered zeroes on the website to protect trade secrets. The website was temporarily taken down so the agency can add a disclaimer.
Based on data from the site, Health News Florida reported Tuesday that several insurers weren't seeking rate increases and that a handful were seeking decreases, causing a stir. The state then acknowledged that the information on its site was inaccurate.
Insurers must file with the federal government Friday. State regulators aren't planning to issue a report until July 31.