Rev & Tax gets $2M grant - KUAM.com-KUAM News: On Air. Online. On Demand.

Rev & Tax gets $2M grant

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by Sabrina Salas Matanane

Guam - The Department of Revenue and Taxation has been awarded a $2 million federal grant to help improve its rate review analysis process and upgrade the equipment and software needed to improve data collection for reporting health insurance rates. According to Guam Delegate Madeleine Bordallo the money was awarded through the Affordable Care act to help states and territories hold health insurers accountable and prevent unreasonable premium increases.

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