FOR IMMEDIATE RELEASE
June 24, 2010
Contact: HHS Press Office
Statement from HHS Secretary Kathleen Sebelius on News that Second California Insurer, Aetna, Withdraws Rate Hike After Major Math Errors Discovered
“I applaud California for its decision to shine more light on skyrocketing insurance rates and demand more accountability after uncovering that a second insurer used faulty math to try to justify exorbitant health insurance premium increases. As President Obama has said, Americans across the country have been at the mercy of insurers for far too long when it comes to premiums and prices. Finally, the power is shifting back to consumers thanks to the strong actions on the part of the states, and new protections and accountability under the Affordable Care Act. As we work to turn this new law into reality for families everywhere, we will continue working closely with the states, providing them with more resources to hold insurers accountable and get the American people the quality, affordable health insurance they deserve.”
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Last revised: May 7, 2011