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State bracing for double-digit price hikes as Mass. insurers struggle with ObamaCare, drug costs

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Citing skyrocketing drug costs and blowback from the Affordable Care Act, Massachusetts health insurers say they will need significant premium increases in the small group market if those programs are to stay solvent in the year ahead. And in a surprise move, the state's top insurance regulator is openly wondering whether those aggressive rate requests will even be enough to avoid the red ink already flooding ObamaCare insurers in other states. This week, the Massachusetts Division of Insurance…

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