Insurers want to raise premiums by an average of 25% in the state Health insurance companies in Idaho are seeking rate increases from state regulators. On average, these insurers are seeking an increase in premiums of 25%, which would go into effect in 2016. Insurers cite the growing cost of medical care and changes in the utilization of medical services as the justification for higher rates. Over the past year, medical costs have grown exponentially, which has lead to financial losses for health insurance companies doing business in the state.…
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