Palmetto State insurance regulators want to try to create a new set of group health products.
The South Carolina Department of Insurance has described the program, SC HealthNet, in a proposal asking state lawmakers to approve an SC HealthNet pilot program.
Scott Richardson, director of the South Carolina department, says he and other department officials developed the pilot program proposal together with the South Carolina Association of Health Underwriters, Columbia, S.C., and with health insurers that do business in South Carolina.
Health insurers would try to develop affordable, actuarially sound plans offering a “medium” level of benefits, department officials say.