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Blue Cross agrees to reduce rate increase

4th insurer to reach an accord with state

By Todd Wallack and Kay Lazar
Globe Staff / August 6, 2010

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Blue Cross Blue Shield of Massachusetts, the state’s largest health insurer, has agreed to reduce a dramatic rate hike for individuals and small businesses, becoming the fourth major insurance company to reach a deal with the state after regulators rejected their initial price increases four months ago. (Full article: 967 words)

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