Maine to adopt more robust rate review process

Maine Health Insurance

Maine aims to mitigate costly health insurance rate hikes Many of the largest health insurance companies in the U.S. have warned states that they can expect to see significant rate increases for coverage in the coming years due to provisions of the Affordable Care Act being enacted by the federal government. This has caused some state officials to direct their anger at the federal government, while other states have been working to adopt a more robust rate review process that may enable them to avoid serious rate hikes in the…

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