News Headlines Article

Obama wants health insurers to defend large hikes
San Francisco Chronicle

Health insurance companies that increase premiums by more than 10 percent would be required to justify those higher rates publicly, according to new rules proposed Tuesday by the Obama administration.

Under the proposal, premium increases of more than 10 percent in 2011 for individuals and small businesses would set off a review by states or the federal government to determine whether those rates are unreasonable.