News Headlines Article

Health Insurers Need Regulation
Sacramento Bee

California Sen. Dianne Feinstein has done yeoman duty exposing excessive health insurance premiums – and pressing for legislation boosting state and federal authority to deny, modify or block “excessive, unjustified, or unfairly discriminatory” rate increases.

This is not about capping premiums or imposing price controls. Still, the health insurance industry is fighting rate regulation, all beak and talons, biting and scratching. At the federal level, insurers argue that insurance regulation is a state activity. But now that states are acting, they argue that the federal government has taken care of things.