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According to a new inform in the NYTs Prescription Blog, Obama will embody new slip energy for the Secretary of HHS over extreme rate hikes by in isolation insurers in the offer that will be expelled after this morning.
By focusing on the bid to tie law of word costs as a new component that had not been enclosed in possibly the House or Senate bills, Mr. Obama is seizing on snub over new reward increases of up to 39 percent voiced by Anthem Blue Cross of California, and relocating to execute the Democrats health renovate as safeguarding Americans from rapacious insurers....
The presidents check would accede to the sovereign health and human services cabinet member new management to review, and to block, reward increases by in isolation insurers, and it would emanate a new Health Insurance Rate Authority, comprised of health industry experts that would issue an annual inform environment the parameters for in accord with rate increases formed on conditions in the market.
The legislation would call on the cabinet member of health and human services to work with state regulators to rise an annual examination of rate increases, and if increases are deemed "unjustified" the cabinet member or the state could retard the increase, sequence the insurer to shift it, or even issue a remission to beneficiaries. States would be eligible...
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