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Rate cap for insurer overturned in Massachusetts

By Boston Globe  
   June 25, 2010

An insurance appeals board has overturned the Massachusetts cap on health premium increases for small business and individual customers covered by Harvard Pilgrim Health Care. The three-member administrative panel found that rate increases Harvard Pilgrim initially sought in April are reasonable given what it must pay to hospitals and doctors. That ruling trumped the Insurance Division's earlier finding that the requested increases were excessive, a view that reflects Gov. Deval Patrick's campaign to curb health costs.

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