Blue Shield of California has had a tumultuous year when it comes to insurance rates. Earlier this year, the insurer sought steep rate hikes that drew the ire of the state’s Insurance Commissioner, Dave Jones, as well as criticisms from the public. After a lengthy battle in which the company refused to compromise on their proposed rate increases, Blue Shield finally submitted, abandoning their proposal altogether. Two weeks ago, the company came under fire again after the Department of Insurance revealed documents detailing how the insurer payed it’s top 10…
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California health insurance marketplace just got a little tougher for industry
In California’s ongoing battle over health insurance rates, legislators may have won some ground toward their goals of more affordable coverage. The state’s Assembly approved a bill late last week that would institute much stricter regulations regarding rate changes. The bill requires California insurers to seek approval from regulators regarding rate changes before they can collect premiums from new rates. The majority of the state’s insurance industry opposed the bill, but was unable to sway the minds of lawmakers. The bill expands the powers of the California’s Insurance Commissioner, Dave…
Read MoreHopes that new California health insurance law will speed up pain medication process
A new bill in California is seeking to help those with chronic pain disorders obtain medications through both Medi-Cal and private insurance companies. While the majority of the state’s insurers already provide coverage for pain medications, there is room for improvement according to legislators. California lawmakers believe that the process of trial and error that companies currently employ is unreasonable. The process leaves many chronic pain sufferers to deal with the pain while the companies try to figure out what is the most cost effective painkiller. Currently, insurers require that…
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