March 5, 2010 6:41 AM

Obama asks health insurers to post reasons for rate increases online

Amid consumer furor over rising health insurance premiums, the Obama administration asked insurers on Thursday to post rate increases — and the justification for them — on the Internet. Also on Thursday, Sen. Dianne Feinstein, D-Calif., introduced legislation that would give the federal government authority to reject rate increases that insurance companies cannot justify.

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