News Headlines Article

Prop 45, Healthcare Insurance Is Rejected In California
ABC News

California voters have rejected Proposition 45, which would have required the Insurance Commissioner’s approval before a health insurer could change its rates or anything else affecting the charges associated with health insurance. It would have also provided for public notice, disclosure and hearing, and subsequent judicial review and exempting employer large group health plans.

The no vote means state regulators would continue to have the authority to review, but not approve, rates for individual and small group health insurance.