HHS to Insurers: Double-Digit Rate Hikes Will Prompt Review

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HHS to Insurers: Double-Digit Rate Hikes Will Prompt Review

WASHINGTON -- The Department of Health and Human Services (HHS) has released a

final rule that will allow states to scrutinize insurance companies if they

propose excessive increases in insurance premiums.

The final rule, published Thursday, would give states the authority beginning in

September to issue a review of any insurer that raises premiums for small or

individual health insurance plans by more than 10% in a given year. The law does

not, however, give states or the federal government the power to tell an

insurance company that it can't enact a high rate hike...

http://www.medpagetoday.com/Washington-Watch/Reform/26584