Voluntary healthcare cost limits aren’t working. Should Rhode Island’s insurers face sanctions?

By: Nancy Lavin

Outlets: Rhode Island Current

Published: May 18, 2026

Words: 1,905

Last Updated: 1 month, 4 weeks ago

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For the second consecutive year, the cost of healthcare for Rhode Islanders blew past the target agreed to by state regulators and private insurers.

That’s why Rhode Island Health Insurance Commissioner Cory King is backing a budget proposal that would enshrine the state’s 2019 policy establishing healthcare spending limits, adding sanctions on insurers that repeatedly exceed the target.

The recommendation is part of a new report published Monday confirming that a majority of …

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