Regulators intend to build anticipated cost reductions into future rate caps.
He added that Congress should consider imposing permanent rate caps.
But the decision is welcome; it is consumers who suffer most from punitive rate caps.
Now they were demanding rate caps and price regulation-but for whom?
But the rate cap - I think it's really outlived its usefulness at this point.
Across the nation, city and state legislatures deliberated whether to impose rate caps on exchange companies.
Consumer advocates and some business groups are concerned about what will happen when rate caps come off in the summer of 2003.
The company could not pass its rising costs along to consumers because of the rate cap.
He said the company could not estimate how much the amount would total by the time the rate caps ended in August 2003.
"They're doing it to avoid the rate caps that some states have established."