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Three health insurers plan double-digit rate hikes for third quarter

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Three Massachusetts insurers will see double-digit rate hikes in the third quarter, which the state's Division of Insurance says is largely due to volatility of the Affordable Care Act's risk adjustment program. The third-quarter increases, released by the state on Tuesday, will affect people renewing their annual insurance plans this quarter through their small employer. Often, small employers shop for health insurance for their members on the state’s health insurance website. On average, insurance…

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