Health Insurers Use Scare Tactics to Block Regulation of Rate Increases

Here’s how badly the state’s health insurance companies want to kill a bill in the Legislature giving state officials the power to put the kibosh on excessive premium increases.  Not content to fight the measure on the merits, they’ve mustered bogus facts and figures against it and tried to convince the public that a measure allowing regulators to limit premium increases will actually cost people money. Haven’t we seen this sort of campaign before? The answer is yes, but that doesn’t mean the perpetrators shouldn’t be called on it. The bill in question is AB 52, introduced by Assemblyman Mike Feuer (D-Los Angeles). It would prevent health insurance premium increases from going into effect without the prior approval of the commissioner of insurance or the director of the Department of Managed Health Care, who share jurisdiction over health insurers.

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