Ritter Insurance Marketing, Craig Ritter

HHS announces new regulations on excessive health insurance premium increases

Here is a press release from Health and Human Services.

This will mean that rate increases of 10% or more will be reviewed by federal or state officials.

Posted by filed under All, CMS, News .

  • FTA: “The rule requires insurance companies to provide consumers with easy to understand information about the reasons for unreasonable rate increases and post the justification for those hikes on their website as well as on the HHS Affordable Care Act website, http://www.healthcare.gov .”

    I like how the government calls all > 10% rate increases unreasonable and that insurance companies are required to “justify” that unreasonable increase.

    This is the epitome of our government, hyperbole filled with an oxymoron. How is it an unreasonable increase if it’s justifiable?

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