Health insurance hike may top 8 percent
by admin on Nov.26, 2011, under Life and Health insurance
New Yorkers face an average hike in health insurance premiums exceeding 8 percent next year, more than twice the inflation rate, according to state data, and many policyholders are set to pay double-digit increases.
Rate increases affecting more than 2 million policyholders are now subject to state approval under a 2010 law.
The measure was meant to slow the rapid rise in premiums that…
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