News Headlines Article

State program for medically uninsurable lowers premiums
Sacramento Business Journal

The state insurance program for people who are medically uninsurable due to their health condition voted Wednesday to decrease members’ premiums next year an average of 12 percent. The Managed Risk Medical Insurance Board was looking at an average rate increase of almost 10 percent for the program, but a bill signed by the governor last month allows the agency to subsidize rates to stem disenrollment.