News Headlines Article

States look to grants to help curb insurance rate hikes
USA Today

States plan to use $46 million in grants under the nation’s new health law to help curb health insurance rate increases for consumers by seeking new regulatory powers, hiring rate experts and posting insurance company financial documents on the Web, according to grant application details. Consumer outrage over double-digit rate hikes helped spur the new federal health law, yet states remain responsible for regulating insurance rates under varying state laws.