UnitedHealth Group Inc.

Uncertainty in Washington driving up health insurance rates, insurers say

Uncertainty in Washington driving up health insurance rates, insurers say

Two Maryland health insurance companies defended hefty rate increases they were seeking for insurance plans offered on the state’s exchange under Obamacare in part by citing the uncertainty in Washington over the law’s future.

Representatives of both Evergreen Health and Kaiser Health Plan of the Mid-Atlantic testified Monday before the Maryland Insurance Administration, which must decide whether to accept or adjust the requested rate increases before the next enrollment period begins this fall. The administration already held a hearing on a large increase being...

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