Released: February 25, 2013

Big health insurance rate hikes are plummeting

Source: Sarah Kliff - The Washington Post

The number of double-digit rate increases requested by health insurers has plummeted over the past four years, according to a Friday report from the Obama administration.

Researchers combed through data available from the 15 states that publicly post all requests for rate increases in the individual market. They found that, in 2009, 74 percent of all requests came in above 10 percent. By 2012, that number had fallen to 35 percent.

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