News Headlines Article

Federal Regulators to Probe Health Insurance Rates

On Thursday, the Obama administration plans to begin probing any proposed increases of health care premiums that exceed nine percent, The Wall Street Journal reports. The close inspection of these rate increases are part of the administration’s 2010 health-overhaul law.

Significant rate increases have taken place in recent years, particularly for those who received policies through small business employers and those who purchased their own.