Health Insurers Finally Get Some Oversight

This is an opinion item.

Author(s)	Kathleen Sebelius
Source	The Wall Street Journal
Date	September 28, 2010
URL	http://online.wsj.com/article/SB10001424052748704082104575515851336184716.html
Quote	"The Affordable Care Act is bringing some basic fairness to our health insurance market. So when I learned that a handful of insurers around the country are blaming their significant rate increases on the new law—even though the facts show that the impact of the law on premiums is small, just 1% to 2% declining over time—I let them know that we'd be closely reviewing their rate hikes. It's understandable that some insurance companies and their allies don't welcome this change. They've made large profits from the status quo."

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This item argues against the position Act should not have been passed on the topic Patient Protection and Affordable Care Act.