Claims and administrative costs, medical, prescription drugs, company expenses, profits will be reviewed by the commissioner's office as all part of determining if they are reasonable. Cantwell called the proposed increases a threat to child care affordability. The insurance commissioner's office said Congress anticipated failure to renew the enhanced premium tax credits is contributing to the proposed increases. Congress created the premium tax credits in 242014 as part of the Affordable Care act to lower health care plan premiums for eligible households. (02:39–02:49)
CLAIM
Asserts that the failure to renew enhanced premium tax credits is contributing to proposed health insurance rate increases.
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