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Why One Insurer's Collapse Could Whack Insurers, Policyholders Across the Country

from FierceHealthcare

Among all the reasons for rising health insurance premiums, this one might be the most obscure: A long-term care insurer in Pennsylvania just went belly-up. Health insurers across the country are on the hook for hundreds of millions of dollars in losses stemming from the recent insolvency of Penn Treaty American Corp. of Allentown, Pennsylvania, and its two subsidiaries. more


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