May I respond for a moment to the Senator from Minnesota, who is a valued member of the Labor and Human Resources Committee? When he mentioned the rate increase possibly coming if we do not cap any of the premiums, I would just say also that we do not preempt States from doing community weighting or a cap, if a State so desires. That is one of the flexibilities that I believe is important. It is one of the reasons we have the strong support of the State insurance commissioners. That flexibility which has been built into this also has strong support from the National Governors' Association.
Nancy Kassebaum: “May I respond for a moment to the Senator from Minnesota, who is a valued member of the Labor and Human Resources…”
Editor's note · Context
Discussing state flexibility in insurance premium regulation during a Senate debate.
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