Mississippi Governor Tate Reeves said Wednesday that he has vetoed two bills related to insurance because he believes they would raise health care costs.
“One is a bad idea, and I don’t see myself supporting it. The other is a good idea with only a few correctable errors,” the Republican governor said in a statement.
Reeves said the “bad idea” was in Senate Bill 2224, which would have given the state insurance commissioner the ability to set rates for all health insurance.
FENTANYL TEST MATERIALS WILL BE GALIZED IN MISSISSIPPI
Mississippi’s governor vetoed two health insurance bills, saying they would have increased the cost of health insurance.
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He said Senate Bill 2262 would have made changes to the pre-approval process insurance companies use to tell providers whether a procedure or drug is covered. Reeves said he liked that the proposal would have forced insurance companies to provide quicker responses, but that the bill would have had “unintended consequences.”
“The bill has a number of technical components,” Reeves said. “These include administrative hearings that are in the wrong place, increased costs for Medicaid, and other issues that make me uncomfortable signing it.”
Overriding a governor’s veto would require a two-thirds majority in the House and Senate.