California health insurance rate regulation supporters ever closer to the ballot

California health insurance

Backers of the proposed measure want tightened control over rates. Those behind a proposed ballot measure that is designed to help to provide tightened regulation of California health insurance rates have submitted petition signatures numbering approximately 800,000. These backers are now feeling confident that they will qualify for the election on November 6. Throughout the weeks to come, the secretary of state and the county election offices will decide whether or not this measure will meet the requirements that state that there must be 504,760 valid registered voter signatures in…

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The California health insurance industry from the perspective of the Insurance Commissioner

California life Insurance Commissioner Dave Jones

Dave Jones has been in office since early 2011 and has made healthcare reforms a top priority. From the time that Dave Jones became the state insurance commissioner, California health insurance reforms have been a primary priority, and this goal has continued with a ballot measure that he is now backing. The measure is the Insurance Rate Public Justification and Accountability Act. Should this measure pass, it will give him the authority to block increases to rates that he considers to be excessive. He explained that as this type of…

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New UnitedHealthcare settlement by Commissioner Dave Jones makes California insurance news

Dave Jones California insurance commissioner insurance industry rates

The California Department of Insurance has just issued an insurance news release… A new report explains the details of a settlement that was made between UnitedHealthcare Insurance company and Commissioner Dave Jones which requires that, beginning immediately, behavioral therapy will be covered as a medical benefit for the treatment of autism. This new deal is only the most recent among industry wide changes that have been made to comply with the initiative that was created by Insurance Commissioner Jones. Three settlements have already been reached with other insurers earlier this…

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California health insurance rate regulation to save medical industry $23 million

Health-Insurance

A rate regulation for California health insurance that was implemented about two months ago has already managed to save doctors and other medical care and service providers approximately $23 million from excessive premiums for malpractice coverage. This regulation was put into place by the California Department of Insurance and has managed to decrease the premiums that these medical professionals must pay by eliminating unjustified amounts that were being added to their malpractice coverage costs. The regulation authority put the rule into place by using prior approval. That said, while it…

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California pushes for insurance exchange despite fate of Affordable Care Act

California health insurance news update California seems to be moving ahead with its plans to build a health insurance exchange despite the current controversy surrounding the Affordable Care Act. The federal health care law is currently awaiting ruling from the Supreme Court after lengthy and uncomfortable litigation last month. Speculation suggests that the Court may rule the law as unconstitutional, or at least a part of which, which means that states would no longer be required to build insurance exchanges. California lawmakers are well aware of the possibility that the…

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