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Insurance report shows premiums increased, but ignores policy changes
Los Angeles Times

State Insurance Commissioner Dave Jones fired the first shot Tuesday in his campaign for more authority over health insurance premiums, releasing a report that showed a giant increase in premiums from 2013 to 2014 for those not covered by employer-sponsored plans.

The only problem is that, unlike the usual analysis from Jones’ office, it didn’t look at how much insurers raised the prices of individual policies. It looked at how much more the most popular policies available in 2014 cost than the most popular ones in 2013, without trying to control for the differences.

Still, Jones’ report seemed to confirm the complaints uttered by Californians who couldn’t renew their policies for 2014 because they didn’t meet the new requirements set by the 2010 Patient Protection and Affordable Care Act (better known as Obamacare). The average premiums for policies bought in 2014 were 22% to 88% higher than the most popular ones bought last year, depending on the buyer’s age and location, the report states.

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