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U.S. Proposed to Move Obamacare Users to Low-Cost Plans

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Obamacare customers who choose to re-enroll in insurance plans would automatically default to cheaper coverage during sign-up periods, protecting them from price increases, under rules proposed by the U.S. government.

The rules, which wouldn’t apply until the 2016 benefit year, were released yesterday by the Centers for Medicare and Medicaid Services. The changes, which also include requirements for insurers on the transparency of their rate increases, are open to public comment.