WASHINGTON — The Obama administration said Thursday that rate increases sought by a health insurance company were unreasonable, and it ordered the insurer to rescind them or justify its refusal to do so. 

Kathleen Sebelius, the secretary of health and human services, issued the finding against the carrier, Trustmark Life Insurance Company, a unit of Trustmark Mutual Holding Company. 

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This entry was posted by cmonfils on Tuesday, January 24th, 2012 at 8:59 am and is filed under Health Care Legislation, Health Insurance, HHS. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.