December 22, 2010

Sebelius's Price Controls

Wall Street Journal, Wall Street Journal


AP Photo

And seasons greetings from the folks at Health and Human Services too. Yesterday the department dropped one of ObamaCare's more destructive regulations, which will further increase political control of health care and impose price controls on private insurance premiums.

Under the 136-page rule, the federal government will now decide what counts as an "unreasonable" rate increase, and HHS Secretary Kathleen Sebelius wrote to Governors yesterday urging them "to prevent unjustified and excessive health insurance premium growth." Apparently, "unreasonable" means rate increases that exceed 10% next year, except when it doesn't. If an insurer crosses this arbitrary threshold, "The review process would then determine if the increase is, in fact, unreasonable." So that's cleared...

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Related Topics: Health care, Kathleen Sebelius, Obama administration

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