Health insurance rate hikes in nine states deemed excessive by HHS
Centers for Medicare & Medicaid Services Press Releases, 03/23/2012
"Thanks to the Affordable Care Act consumers are no longer in the dark about their health insurance premiums," said Secretary Sebelius. "Now, insurance companies are required to justify rate increases of 10 percent or higher. It’s time for these companies to immediately rescind these unreasonable rate hikes, issue refunds to consumers or publicly explain their refusal to do so."
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