State Insurance Regulators Don't Always Have Authority To Regulate Insurance Rates

State Insurance Regulators Don't Always Have Authority To Regulate Insurance Rates

Earlier this week, the Dept. of Health And Human Services announced that consumers had saved $1 billion thanks to a condition of the Affordable Care Act that requires state insurance authorities to review health insurance premium increases of at least 10%. But in some states, those reviews are merely a formality that have no ability to rein in insurance premiums. [More]