Tags: US | Health | Insurance | Warning

HHS to Insurers: Don't Blame us for Your Rates

Thursday, 09 Sep 2010 04:06 PM

WASHINGTON (AP) — President Barack Obama's top health official is vowing "zero tolerance" for insurers that blame premium increases on the new health overhaul law.

In a strong letter to the insurance lobby, HHS Sec. Kathleen Sebelius said Thursday she's putting companies on notice that the administration "will not tolerate unjustified rate hikes" pinned on the health care law.

Sebelius warned that bad actors may be excluded from new health insurance markets under the law. They'd lose out on a big pool of customers.

An HHS official says the letter is a pre-emptive move, after officials got word that several smaller carriers around the country are blaming the law for rate increases. The administration says the cost of new benefits required by the law is "minimal."

© Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

 
1Like our page
2Share
StreetTalk
WASHINGTON (AP) President Barack Obama's top health official is vowing zero tolerance for insurers that blame premium increases on the new health overhaul law.In a strong letter to the insurance lobby, HHS Sec. Kathleen Sebelius said Thursday she's putting companies on...
US,Health,Insurance,Warning
125
2010-06-09
Thursday, 09 Sep 2010 04:06 PM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved