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Regulators Battle Rate Hikes

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Apr 2nd, 2010

Regulators Battle Rate Hikes

 

Here’s two news reports distributed by stateline.org on state regulators in Maine and Massachusetts battling health insurers over premium increases:

 

MA: Health care hikes rejected
By Robert Weisman, The Boston Globe

Making good on Governor Deval Patrick's promise to reject health insurance rate increases deemed excessive, the state Division of Insurance yesterday denied 235 of 274 increases proposed by insurers for plans covering individuals and small businesses.   Read More  

 

ME: Insurer fights Maine regulator on premiums
By Anna Wilde Matthews and Avery Johnson, The Wall Street Journal

PORTLAND, Maine — As insurers wrestle with the changes coming from the federal health overhaul in Washington, they also face challenges at the state level from regulators seeking to head off big premium hikes. A court case in Maine underscores the tensions, with a health insurer battling a decision that zeroed out its profit to keep consumers' rates down.   Read More

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