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Mass. insurers sue to block rate hike decision
San Francisco Chronicle

The top health insurers in Massachusetts on Monday filed a lawsuit against state insurance regulators, arguing a premium rate cap imposed by the Patrick administration on small business health plans was arbitrary, politically motivated and could lead to losses in the “hundreds of millions of dollars.”

The filing in Suffolk Superior Court requested a hearing Thursday on a temporary injunction to suspend the cap, as well as a speedy trial by June 15. An administration official termed the lawsuit “an outrageous response.”