News Headlines Article

Health insurance to be on 2014 ballot
Sacramento Bee

An initiative to regulate health insurance rates in California has qualified for the November 2014 ballot.

Santa Monica-based Consumer Watchdog drafted the initiative after rate-regulation legislation fell short in the Capitol last year.

The measure would give the state insurance commissioner the power to approve or reject health insurance rate changes, a move supporters say would protect consumers from spikes in the cost of coverage.

Supporters believe the wording of the initiative would give the insurance commissioner the power to order refunds of excessive rate hikes enacted af

ter this year’s Nov. 6 vote if the measure passes in 2014.