Grants To Beef Up Oversight Of Health Insurers

{Kentucky}... The Obama administration Tuesday announced $109 million in grants to states to help them beef up oversight of health insurers. Some states, such as Oregon and Rhode Island, have the power to block rate increases they deem excessive, but 30 states still don't have this authority in both the individual and small group markets. The new grants come on top of $48 million the administration handed out last year to 42 states. The Kentucky Department of Insurance has used its share of the money to hire six fulltime employees and create a team dedicated solely to the review of health insurance rates.