4 pages. Excerpt: Without state intervention, health insurance companies can and often do charge very high premiums to individuals and small businesses, and they spend an embarrassingly low proportion of the premium dollars they collect on health care services. In the face of double-digit increases in health insurance premiums, insurance companies should be required to demonstrate that their premium rate increases are reasonable and necessary, and that they are not retaining an excessive margin for profit and administration. Most states address these issues by regulating insurance company premium rate increases.

MORE >>