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Prop 103

News Story
10/19/2014
Posted by Mark Reback
California insurers have pumped more than $12 million over the last five days into a campaign to defeat Proposition 45, an initiative on the Nov. 4 ballot that would regulate health insurance rates. Blue Shield gave $2.66 million, WellPoint $6 million, Kaiser Permanente $3.73 million and Health Net $350,000, according to late filings at the...
News Story
10/18/2014
Posted by Mark Reback
It's almost a foregone conclusion that the Proposition 1 water bond on next month's ballot will pass easily: Every poll shows it with almost a 2-1 lead heading into the vote and the opposition has virtually no money for television commercials. But two other propositions are almost equally deserving of yes votes, Propositions 45 and 48....
News Story
10/17/2014
Posted by Mark Reback
Proposition 45 would allow California's elected insurance commissioner to regulate health plan rates for 6 million Californians with individual policies or who get their insurance as employees of small businesses. The No on 45 campaign recently released a 30-second television ad, now running in major media markets. WHAT DOES THE AD SAY? A man...
News Story
10/17/2014
Posted by Mark Reback
Proposition 45 on the Nov. 4 ballot would let California’s elected insurance commissioner reject excessive health insurance rates. The Star’s Editorial Board recommends a yes vote on Proposition 45 to provide responsible, reasonable oversight of the cost of medical coverage. Proposition 45 would apply to roughly 6 million residents...
News Release
10/16/2014
Posted by Carmen Balber
SANTA MONICA, CA – The Fresno Bee has endorsed Proposition 45 saying it will rein in health insurance rates and noting “powerful forces are opposed” to the ballot initiative. “These forces — you know them as Blue Cross, Blue Shield, Kaiser, HealthNet and United Healthcare — don't want voters to approve Prop...
News Story
10/16/2014
Posted by Mark Reback
Props 45, 46 Facing Tough Road Groups opposing California Proposition 45, which provides a mechanism to regulate rate hikes for health insurance, and Prop 46, which seeks to raise the cap on medical malpractice awards established in 1975, have raised millions and are using it on ads. Prop 45 requires health insurance companies to publicly disclose...
News Release
10/15/2014
Posted by Liza Tucker
SANTA MONICA, CA – Health Insurer HealthNet has chipped in nearly $5 million to defeat Prop 45 in a sign that the health insurance industry fears rate regulation that a yes vote on the proposition would bring, Consumer Watchdog said today. The insurance pot against Prop 45 now totals $43 million to pay for misleading and deceptive TV ads,...
News Story
10/15/2014
Posted by Mark Reback
Almost three decades ago, a small band of consumer activists persuaded California voters to slap tough new rate regulations on auto insurance. Now that same group wants to crack down on health insurance rates. And the insurance industry and its business allies are back with a multimillion-dollar war chest to fight Proposition 45 with an...
News Story
10/15/2014
Posted by Mark Reback
Powerful forces are opposed to Proposition 45, which would give California's publicly elected insurance commissioner the power to reject excessive health insurance rate hikes. These forces — you know them as Blue Cross, Blue Shield, Kaiser, Health Net and United Healthcare — don't want voters to approve Prop. 45 on the Nov. 4...
News Story
10/14/2014
Posted by Mark Reback
Proposition 45, which would allow California's insurance commissioner to regulate rates for certain medical plans, is a close call for this voter. On the one hand, the commissioner would be touching on — although not exactly duplicating — work already performed by the state entity created to administer Obamacare. That could slow...