HHS Says Consumers Saved $1.2B On ACA Rate Monitoring

Law360, Los Angeles (September 12, 2013, 7:29 PM ET) -- A provision of the Affordable Care Act that requires heightened monitoring of the rates health care providers charge individuals and small groups saved consumers $1.2 billion in 2012, according to a report released Thursday by the U.S. Department of Health and Human Services.

The provision’s two arms are each driving a drop in consumer health care costs, HHS said in Thursday’s report. First, a program that doles out grant money to participating states is limiting the amount by which health insurers raise rates in those states,...
To view the full article, register now.

Dewey Verdict Watch

Follow our exclusive coverage of the trial of the year:

Dewey Trial Day 67