News Headlines Article

Push to regulate health insurance rates spurs campaign money
Sacramento Bee

The most contentious bill in the 2011 legislative session’s final days would subject the multibillion-dollar health insurance industry to state rate regulation — and it’s spawned a boatload of campaign contributions, according to a new compilation.

Assembly Bill 52 is now pending on the Senate floor after clearing the Assembly on a 45-28 party-line vote, with Democrats in favor and Republicans opposed. Carried by Assemblyman Mike Feuer, D-Los Angeles, and sponsored by Insurance Commissioner Dave Jones, the measure also enjoys support from consumer activists, labor unions and other Democrat-friendly groups, while it’s opposed by the health insurance industry and business groups.