The state has not undergone this process since it first implemented the Affordable Care Act. Alabama health insurance companies will face a new wave of scrutiny from state regulators when they seek to increase the rates they charge in 2017. This is the first time they will have undergone scrutiny for rate changes since the insurance exchange launched there in 2013. Obamacare’s regulations were meant to encourage states to implement insurance rate reviewing systems. The purpose of the reviews is to provide states with a means by which to consider…
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