News Headlines Article

Rate regulation could hurt Covered California, report says
Sacramento Business Journal

A proposed health care rate regulation initiative on the November ballot in California could have a negative impact on Covered California, an opposition-backed study concludes.

The report by Jon Kingsdale, former director of the Massachusetts health exchange, says the initiative would conflict with Covered California’s efforts to manage competition within a particular market authorized by the Affordable Care Act. It could also delay rate filings, disrupt open enrollment and make it difficult to calculate federal subsidies.