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DMHC |
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The DMHC and the California Department of Insurance signed off on the merger after winning concessions that included a pledge not to use premium hikes to pay for the deal. The Department of Managed Health Care and this Administration will not tolerate discount health care companies that deceive consumers," said DMHC Director Cindy Ehnes in a prepared statement. But though the DMHC approved its larger end of the deal, Garamendi turned out to have lots of leverage--something that may not have been clear to the companies or to analysts who had been downplaying his authority. |
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