Health insurance rate increases in California may not be beneficial for insurers

California health insurance

Insurers could be having trouble keeping up with the rate of medical inflation Fitch Ratings expects that health insurance rate increases in California will be a benefit for non-profit hospitals, but their impact on insurance companies is still uncertain. Insurers have been pushing for higher rates for the coverage they provide in the state and have been able to institute these rates regularly. The problem, however, is that the most recent round of rate increases may not be enough to help insurance companies keep up with the rate of medical…

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