News Headlines Article

Don’t mess with ACA in California: Vote no on Proposition 45
Monterey Herald

Under current California law, the state insurance commissioner can deem health-insurance rate increases to be excessive, but cannot veto the rates. Proposition 45 would change that, giving the commissioner the power to intervene if an increase in rates were judged to be excessive.

The argument in favor of Proposition 45 is that 35 states already have regulations on health-insurance rates and that California voters in 1987 set a precedent by approving a measure regulating auto-insurance rates.