News Headlines Article

Author tables bill to let state reject rate hikes
San Francisco Chronicle

One of this year’s most contentious bills – a measure to give California regulators the power to reject health insurance rate hikes – has been pulled from consideration.

The bill’s author, Assemblyman Mike Feuer, tabled his effort to regulate health rates after it became clear the bill would fail to muster enough votes in the Senate. He’ll bring it up again in the 2012 session.

“Right now, not enough senators are prepared to vote for any form of health insurance rate regulation,” Feuer, D-Los Angeles, said in a statement.