Friday, October 7, 2016

Fischer Rounds cutting fat hog as insurance oversight flags

Steve Rounds enjoys an unusual 30-year lease on land managed by a state agency. Rounds got the lease to the Oahe Marina from South Dakota Game, Fish and Plunder while his brother was governor and when his banker, Larry Deiter was named South Dakota Director of Insurance.
“We are obviously concerned about the impact that Wellmark’s decision will have on consumers,” South Dakota Insurance Director Larry Deiter told the Public Opinion this week. “The current environment under federal health care reform is causing companies to either raise premiums, narrow networks, or cease marketing of products.” Lonnie McKittrick, who heads up the Health Department at Fisher Rounds and Associates, echoed those comments. “ACA is just not working,” he said. “People are getting hammered. Everybody on the inside knew this is what could happen. You crossed your fingers and hoped it wouldn’t, but it did. It’s a system that was set up to fail, especially in a small state like ours.” [Looking for health insurance? Good luck]
And:
Forty-three states and the District of Columbia require insurance commissioners to file some kind of personal financial disclosure report. All but two of those jurisdictions — Hawaii and Vermont — make the documents available for public inspection. Colorado, Idaho, Michigan, Oregon, South Dakota, Utah, and Wyoming have no such disclosure requirements. [Drinks, dinners, junkets and jobs: how the insurance industry courts state commissioners]
Here's Mike Rounds' career donor page at Open Secrets.

Here is how Mike Rounds took federal money then gave it to SDGOP donors.

Kinda makes ya wanna puke, init?


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