OIC Answers on Insurance

Everybody has car insurance, or at least they should. But once you sign up and fork over that first monthly premium, you get a big envelope full of information. What’s it all mean? What’s the difference between comprehensive and collision? Is there really “full coverage?”
On this episode of the OIC Answers podcast, Amy Teshera from our Consumer Protection team walks us through every coverage option for your auto insurance and explains what it covers, when you’d need it, and when it probably isn’t a smart financial decision.

If an insurance company wants to change the base rate for its home or auto policies in Washington state, it has to file the change with the Office of the Insurance Commissioner. But what are those rates, really, and what authority does the OIC have to approve or disapprove them? Why do they change, and what type of analysis is involved in the review process?
On this episode of OIC Answers, hosts Aaron and Matt welcome on the agency’s lead property and casualty actuary to explain the science and standards behind the P&C rate review process.

Jane Beyer has had a hand in almost every major piece of health policy legislation in Washington for the last 40 years. The OIC’s Senior Health Policy Advisor retires in June, capping a career that’s included separate stints running Medicaid and the Behavioral Health Administration for DSHS, helping implement the Affordable Care Act and the Health Benefits Exchange, establishing the Washington State Vaccine Association and developing protections against balance billing.
On this episode of the OIC Answers podcast, Beyer sits down with Insurance Commissioner Patty Kuderer to talk about her career, her most important accomplishments, the future of health policy and what type of challenges await the OIC’s next health policy expert.

The Insurance Institute for Business & Home Safety is now offering its Wildfire Prepared Home designation in Washington, which will help homeowners in areas with a high wildfire risk make their homes more insurable.
On this episode of OIC Answers, recurring guest David Forte(OIC Senior Policy Analyst) and IBHS’ Senior Director for Wildfire Steve Hawks talk about IBHS’ research facility, how the Wildfire Prepared Home designations work, how it helps homeowners protect their property, the steps involved in earning a designation and the OIC’s work on wildfire mitigation.
Check out:
IBHS' Wildfire Prepared Home page
IBHS' website
OIC's wildfire page

Over the last year or so, the Office of the Insurance Commissioner has fined three large health insurance companies (Regence, Premera and Kaiser) a total of $1.4 million dollars for violations of the Mental Health Parity and Addiction Equity Act. But what exactly are those violations? How does the MHPAEA work? What do health insurers have to do to stay within the law?
On this episode of OIC Answers, Karen Brooks from the OIC’s Company Supervision team and Will Genschow from Legal Affairs dive into the minutia of enforcement orders and data analyses, the difference between quantitative and non-quantitative treatment limitations, how to settle on a fine amount, and what mental health parity means for people seeking treatment.