News Headlines Article

California health exchange weighs formal opposition to Proposition 45
Sacramento Bee

Members of the state health insurance exchange on Thursday came out strongly against a fall ballot initiative to give rate-regulation authority to the elected insurance commissioner, with some requesting the board issue formal opposition.

Covered California, the state agency charged with carrying out the federal health care law, issued an analysis stating the measure could have a detrimental impact on the exchange’s operations, including its ability to negotiate with insurance companies.