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U.S. Offers Cash to States Rejecting Insurer Premium Increases

The U.S. is offering $600,000 to states that make it harder for health insurers to raise premiums, federal regulators said.

Twenty states won U.S. Department of Health and Human Services “performance awards” for policies that let their insurance regulators reject premium increase requests, said Steve Larsen, director of the agency’s Center for Consumer Information and Insurance Oversight.