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Mass. OK’s health plan increase of just 1.2%

Premiums still rising modestly

State regulators on Monday approved third-quarter health insurance rates that will raise premiums an average of just 1.2 percent in the market serving small businesses and individuals, continuing a trend of more modest increases seen over the past three quarters.

And several carriers, including Tufts Health Plan of Watertown and Fallon Community Health Plan, based in Worcester, will reduce their rates - a rarity in Massachusetts health care - according to data from the state Division of Insurance.

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