The Obama administration is distributing fourth round of health plan rate review grant money to state insurance departments.
The Center for Consumer Information & Insurance Oversight (CCIIO) has issued a call for applications for $40 million in Patient Protection and Affordable Care Act (PPACA) rate review grants.
All 50 states, the District of Columbia and six territories can apply for the grants.
The minimum grant size is $719,643, and the maximum is $5 million, according to CCIIO.
States can use the money to get the legal authority to review rate changes, to expand the scope of existing rate review operations, to make rate information available to the public through the Web, and to analyze medical claims reimbursement data, according to CCIIO officials.
Applications are due July 21.
PPACA required CCIIO’s parent, the U.S. Department of Health and Human Services (HHS), to help improve state health insurance rate review programs.