NU Online News Service, June 22, 3:50 p.m. EDT
President Obama has a warning for health insurers: do not use the new health care law as an excuse to raise insurance rates.
The New York Times reports, "The White House is concerned that health insurers will blame the new law for increases in premiums that are intended to maximize profits rather than covering claims."
Administration officials said they want health insurers to work with the law, not against it.
For the full story, see The New York Times article, "As Law Takes Effect, Obama Gives Insurers a Warning".
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
