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Health Insurance Rate Hikes in Nine States Deemed Excessive by HHS
U.S. Department of Health and Human Services [HHS]
Mar. 22, 2012
"[Two] insurers have requested rate increases as high as 24 percent.... [after review] by independent experts ... HHS determined that the rate increases were unreasonable, because the insurer would be spending a low percentage of premium dollars on actual medical care and quality improvements, and because the justifications were based on unreasonable assumptions."
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