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Committee OKs bill giving state say in insurance rate hikes
California Watch

A controversial bill that would allow state regulators to prohibit “excessive” health insurance rate increases was passed by a key legislative committee yesterday. The bill would allow health insurance regulators to approve, deny or modify proposed hikes in health insurance premiums, co-pays or deductibles. The bill hearing drew a phalanx of consumer, senior citizen and community-based groups in support. Some of the major health lobbying groups in California, including representatives of hospitals, doctors and health insurers, came out to oppose the bill.