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Insurance oversight advances but rate regulation stalls
HealthyCal.org

The Assembly on Monday approved legislation to toughen oversight of health insurance rate hikes but the Senate rejected, at least for now, a measure to require state approval before companies can increase their premiums. The Assembly passed SB 1163, by Sen. Mark Leno, which would require insurers to get an independent review of proposed rate increases to determine if they are justified by the underlying costs of care.

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