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Lawmakers Reject Cap on Insurance Hikes

By Dan Gorenstein on Wednesday, May 19, 2004.

State lawmakers today/Wednesday agreed to kill a provision that would have capped health insurance premiums for two years.

The initiative was a response to double digit increases for most New Hampshire businesses.

Those increases came despite passage of legislation last year that was supposed to keep health insurance priced down through competition.

But many small businesses are complaining the changes have resulted in skyrocketing premium increases.

New Hampshire Public Radio's Dan Gorenstein reports.

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