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AB 52

Blog Post
8/23/2011
Posted by Judy Dugan
Industry-friendly appointees of former Gov. Arnold Schwarzenegger continue to hold undue power at the California Health Benefits Exchange--the key body that is already deciding how Californians will get their health care under full federal reform in 2014. The Schwarzenegger appointees are Kim Belshe (former head of the Dept. of Managed Health...
News Release
7/22/2011
Posted by Mark Reback
Santa Monica, CA – Starting next month, GEICO will begin implementing a 10.7% overall rate decrease for its California automobile insurance policyholders.  GEICO originally asked the California Department of Insurance (CDI) for a 4% increase to its automobile insurance rates, but the nonprofit Consumer Watchdog challenged the hike....
Blog Post
7/6/2011
Posted by Jamie Court
The much-awaited California Senate Health Committee showdown today over health insurance premium regulation never happened. Instead, Senate Health Committee Chair Ed Hernandez, who had the pivotal vote, moved Assembly Bill 52 forward with the promise that his vote on the Senate Floor was contingent on amendments to come that address his concerns...
Blog Post
7/6/2011
Posted by Judy Dugan
Health insurance companies apparently have no problem taking opposite sides of an issue when it serves their bottom line. When it comes to California law, they hate regulation and will spend any amount of money and credibility to kill it. But when it comes to protecting the profits of insurance brokers at the expense of consumers, insurance...
News Story
7/1/2011
Posted by Mark Reback
Health insurance rates for more than 1.5 million Californians covered by some of the state's largest health insurers will go up starting today. The rate increases, which were expected, mostly affect policyholders in plans offered through small businesses. Depending on the plan and the carrier, hikes will average from 3 percent to more than...
News Story
6/29/2011
Posted by Mark Reback
SACRAMENTO, Calif. (KGO) -- There has been plenty of controversy over rising health care premiums in California. In Sacramento, that debate really heated up on Wednesday over a bill to let regulators control the rates we all pay. The state Senate heard opposing arguments over a bill to control your health insurance rates. Right now, regulators...
News Release
6/28/2011
Posted by Jamie Court
Santa Monica, CA -- More than 1,500,000 Californians will face health insurance premium increases on July 1 averaging 3% to 17.4%, according to state filings. Some patients with Aetna small business plans will see premium increases as high as 92.5%. California insurance regulators need the power to protect consumers and deny such steep rate...
News Story
6/20/2011
Posted by Mark Reback
Twenty-three years ago, California voters decided the state should have more control over the insurance industry. Proposition 103, approved by a thin margin (51%) in 1988, increased the Department of Insurance's clout in a number of areas -- most notably automobile insurance -- and changed the status of the California insurance commissioner...
News Story
6/8/2011
Posted by Mark Reback
In what it called a "bold move" to cut health care costs, Blue Shield of California said Tuesday it will cap profits at 2 percent of revenue and pump any extra cash back into credits for customers, funding to care providers and grant awards to nonprofits that provide health care to poor Californians. "This doesn't solve the...
News Story
6/7/2011
Posted by Mark Reback
Blue Shield of California, one of the largest insurers in the state, says it has enacted a new rule that will allow it to pay back  its customers $180 million in excess profit. The new rule limits its annual income to 2% of revenue and requires any profit in excess of that to be returned to customers and the community. The rule is being...