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Insurers vow to toughen up on hospital prices
Market Watch

Bill Radke: The government has been getting tougher on insurance companies in the last few months, denying them the giant rate increases they’re accustomed to. Now insurers are vowing to get tough on hospitals. From the Marketplace Health Desk at WHYY in Philadelphia, Gregory Warner reports. Gregory Warner: Ten years ago in Boston, insurance companies learned a hard lesson. When the insurance company Tufts Health Plan refused to pay the larger reimbursements that a group of popular hospitals were demanding, the hospitals responded by refusing to take Tufts insurance anymore. A few days later, Tufts’ CEO at the time, Harris Berman, got a call from his biggest customer: