Can the Government Stop Massive Insurance Rate Hikes?

Health insurance companies that want to increase the cost of their premiums by 10 percent or higher will now have to justify those proposed rate hikes, the Obama administration announced today. Rate increases became a sore political point since earlier this year, when the White House seized on an astounding 39 percent hike by Anthem Blue Cross of California to justify the health care bill. Premium increases have been most prominent in the individual and small business market, Health and Human...Full Story
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