News Headlines Article

Report: Rate-regulation measure would shake up Covered California
Sacramento Bee

A California ballot initiative allowing the state insurance commissioner to reject health insurance rate increases would disrupt the new health care overhaul, destabilizing negotiations between the exchange and insurance companies and inviting costly legal challenges by outside organizations, according to an analysis released Thursday.

The report, commissioned by Californians Against Higher Healthcare Costs – a group of doctors, hospitals and health plans opposing the measure – concludes it would undercut new authority afforded to Covered California.