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Member, Beacon International Group, Ltd.
Mississippi Gov. Tate Reeves said March 15 that he has vetoed two bills dealing with insurance because he thinks they would increase the cost of health care, the Associated Press reports. Reeves said Senate Bill 2224, which would have given the state insurance commissioner the ability to set rates for all health insurance, was a “bad idea.” He said Senate Bill 2262, which would have made changes to the prior authorization process that insurance companies use to tell providers whether a procedure or drug is covered, would have had “unintended consequences.”