6:08 am February 24, 2010, by Henry Unger
The new wrinkle in the health care debate is whether the government should get more power to block insurance rate hikes.
President Barack Obama said this week he wants to allow states and the federal government to screen and possibly block premium increases.
Here in Georgia, writes AJC reporter Craig Schneider, state Insurance Commissioner John Oxendine plans to submit legislation that would allow the insurance commissioner to reject rate hikes on individual policies.
Given the large increases that many policyholders are experiencing, do you think this is a good idea?
Will more government involvement distort the market, ending up creating other issues like shutting out some consumers?
Or is this what the doctor ordered, given the big rate hikes that are squeezing people?
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