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Obama to urge oversight of insurers' rate increases

New York Times, February 22, 2010

President Obama will propose giving the federal government new power to block excessive rate increases by health insurance companies as he releases comprehensive legislation to revamp the nation's healthcare system. President Obama's legislation aims to bridge differences between the bills adopted by the House and Senate late last year, and to frame his debate with Republicans over health policy at a televised meeting this week, the New York Times reports.