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Watchdog Warns White House to Resist 'Bully Tactics' of Insurers as Regulations Are Written, or Risk Losing Control of Health Reform
June 29, 2010Consumer Watchdog today asked Health and Human Services Secretary Kathleen Sebelius to turn back health insurance industry lobbying against a chief early benefit of the new health reform law, a requirement that insurers spend more on patient care and less on administration, overhead and profit. Consumer Watchdog noted that current investigations of Wellpoint and Aetna premium increases in California found that both companies' proposed rate increases were significantly higher than they should have been, because of mathematical errors in the insurers' favor. Full release.
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