Health-insurance increases could be blocked by Obama's plan

U.S. President Barack Obama will propose giving the government power to reject increases on health-insurance premiums, an administration official said. The proposal would allow the secretary of the Health and Human Services Department to deem a premium hike excessive and block its implementation. The administration official said the measure is similar to a bill introduced by Sen. Dianne Feinstein, D-Calif., after Anthem Blue Cross of California announced a premium increase of as much as 39%.

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