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CMS offers examples of insurance rate increase notices
Modern Healthcare

The CMS has released proposed notices showing what information insurers will have to disclose to consumers about excessive premium rate increases.

Starting in July, insurers must report and justify rate increases over 10% in the individual and small-group markets. They must also tell consumers why they are increasing rates by such amounts. The hikes are subject to rate review by either state regulators or the HHS, according to proposed HHS rules issued in December.