Financial Times FT.com

Obama warns against insurer rate increases

By Harvey Morris in Washington

Published: December 22 2009 18:22 | Last updated: December 22 2009 18:22

Barack Obama e-mailed grassroots Democratic activists on Monday with a message that should have sent the multi-billion dollar US health insurance business reeling.

“Insurance companies that try to jack up their rates do so at their own peril,” wrote the US president, hours after his healthcare reform plans leapt a vital hurdle in the Senate.

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