California Bill Proposes End to Unregulated Healthcare Insurance Rate Increases

California Assemblyman Dave Jones (D-Sacramento) has introduced a bill that would end unregulated healthcare insurance rate increases, according to the San Francisco Gate.

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Assembly Bill 1218 would require approval by the Department of Managed Health Care and the Department of Insurance for insurers to raise plan premiums, co-payments, deductibles or other charges. Currently, insurers in the state are allowed to freely raise rates.

The California Labor Federation and several consumer groups support the bill, while the California Association of Health Plans and the California Medical Association oppose the bill.

The bill will be heard by Assembly Health Committee.

Read the San Francisco Gate‘s report on the proposed California health insurance bill.

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