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Insurance commissioner calls Aetna’s small-business rate hike ‘unreasonable’
Sacramento Business Journal

California Insurance Commissioner Dave Jones went back to the bully pulpit Thursday to decry Aetna’s pending rate increase for small business owners in California as “excessive and unreasonable.” He’s back to the bully pulpit after voters defeated Proposition 45 on the November election ballot by a margin of 59.8 percent to 40.2 percent. The measure would have given the state insurance commissioner authority to regulate health plan rates.