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No Surprises Act arbitration system raising premiums, Michael Strain notes

No Surprises Act arbitration system raising premiums, Michael Strain notes
No Surprises Act raises premiums

Michael Strain points out that five years after the federal No Surprises Act, the arbitration system it established is contributing to higher premiums for everyone.

The comment echoes the views of David A. Hyman and Ben Ippolito, who have also addressed the impact of the arbitration process on health insurance costs.

Strain has recently commented on monetary policy, stating that the Federal Reserve is unlikely to raise interest rates this week due to recent FOMC signals, as reported in one of his market analyses. Earlier in the year, he argued that a rate increase would be justified, supporting views expressed by Chairman Warsh in a prior article. These positions highlight his ongoing engagement with federal economic policy debates.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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