Under the 2010 federal healthcare reform law, the state can review the rate increases but can do nothing to stop the rate from going into effect.
When the review provision took effect five months ago, the Texas Department of Insurance did not create a system to publicize large rate hikes because of the “ambiguity” of the law, according to the report.
Department spokesman John Greeley said in a statement Friday that the agency is developing a process to give consumers information about rate increases.
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