Health insurance rates set to rise in Rhode Island

Health insurance rates

Higher rates approved by state’s insurance regulators Rhode Island Insurance Commissioner Kathleen Hittner has announced that rate proposals from the state’s health insurance companies have been approved for 2015. Insurers are seeking rate increases in order to balance out the losses that they incur from the cost of medical care. Many people have purchased insurance coverage over the past several months and are beginning to visit doctors and receive treatment for their conditions. In order to recover from the costs of these treatments, as well as other financial issues that…

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