Insurance industry in California receives new approval

News on Insurance Industry

Lawmakers have given their approval to a couple of consumer protection bills for discrimination prevention. The lawmakers in California have just sent a couple of consumer protection bills to Governor Jerry Brown, which – if signed – will change the health insurance industry in the state by preventing insurers from discrimination against individuals who have pre-existing conditions, and placing a limit on the amount that they will be able to charge older people. These bills are meant to change the laws in California in order to have them match federal…

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Employer-sponsored health insurance grows more costly in California

California health insurance

Health insurance for employers is becoming expensive in California There are concerns in California that health insurance is beginning to become unnecessarily expensive. Consumers are beginning to show worry over higher rates and employers are beginning to report that health insurance coverage is becoming more expensive and, in some cases, too costly to continue offering to employees. These concerns are backed up by a new survey from the California HealthCare Foundation. The survey shows that employer-sponsored health insurance, in particular, is certainly becoming more expensive. Survey shows costs continue to…

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Health insurance rate increase draws ire of California regulators

Dave Jones California insurance commissioner insurance industry rates

Dave Jones criticizes health insurance company for rate increases California Insurance Commissioner Dave Jones has strong criticism against some of the state’s health insurance companies this week. The Commissioner, who has long been wrestling with insurers over the cost of health insurance coverage, denounced Anthem Blue Cross for the company’s latest rate increase proposal. Jones calls the rate increase “excessive” and “unreasonable.” In the past, rate increases have been targeted mostly at consumers, but the latest increase from Anthem Blue Cross is aimed at small businesses. Rate increase targets small…

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Health insurance study shows that there will be considerable changes in premiums in 2014

California health insurance

The research showed that while they may notably rise for some Californians, they will plummet for others. Next year, when the healthcare reform law goes into full effect, the results of a recent study have shown that there will be some considerable differences in the health insurance premiums that are paid by residents of California. Though this is wonderful news for some, it is not as pleasant for others, said the report. The research suggested that while some people in California will see their individual market health insurance premiums rise…

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Health insurance exchange in California to be the largest in the country

California health insurance

The Golden State is getting ready to provide the largest marketplace in the United States. California is steaming ahead with its plans for implementing its health insurance exchange, which is going to be an important accomplishment in the country simply because it is set to be the largest marketplace among all of the states. This particular exchange is among those that will be state run, which will also be notable due to its size. Though California has claimed that it was the first to begin its health insurance marketplace, there…

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