News Headlines Article

California needs to be able to regulate health insurance premiums
Los Angeles Times

A bill to let the state block excessive health insurance premiums is running into trouble in the Senate, where critics complain about its cost, its impact on large groups and the power it could give regulators with an ax to grind. Some of those arguments are specious; some of them are worth considering. But in any event, lawmakers shouldn’t lose sight of the basic problem the bill would address: the inability of regulators to do anything but complain about unreasonable increases in premiums.