News Headlines Article

Health Reform Could Lead to Higher Insurance Rates
The Bay Citizen

Dave Jones, California’s insurance commissioner, warned Thursday that federal health care reform will lead to even higher insurance premiums unless regulators have the power to reject health insurers’ rate hikes. The warning comes as state lawmakers are considering a bill that would give Jones’ office that power.

Jones attacked “excessive profit-taking in the industry” during a noontime speech to the Public Policy Institute of California Thursday.