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Memo Pad

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Arbitrary Premium Hikes Scrutinized In Key States

July 26th, 2011 2:54 pm Matt Taylor

One of the critical components of the Affordable Care Act was new power for federal officials to review arbitrary insurance rate hikes. They are finally ready to use it:

The Obama administration will soon take over the review of health insurance rates in 10 states where it says state officials do not adequately regulate premiums for insurance sold to individuals or small businesses.

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