New York Times
Eric Dinallo, New York Gov. Eliot Spitzers acting insurance superintendent, wants to reclaim state control over health insurance rates.
Currently, most health insurers do not have to seek government approval before raising their rates, a result of a series of concessions made to insurers over the past couple of decades. Instead, they can raise their rates as long as they later demonstrate that a certain amount of the increase has been used to pay off claims. FULL STORY