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Dedicated to providing regular (well, as regular as our workload permits) updates concerning legal and regulatory events impacting the regulation of the business of insurance in the State of California.

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Wednesday
Mar242010

Dave Jones' Bill Requiring Prior Approval of Health Insurance Rates Moving Forward

DateWednesday, March 24, 2010 at 11:32AM

Following up on his announcement in February, Dave Jones introduced Assembly Bill 2578 to pass into law prior approval rate requirements used by health insurers akin to prior approval requirements currently imposed upon the California property and casualty insurers.  A copy of the most recent version of the bill can be found here. 

It appears that the process toward adopting this bill may move quickly as it was announced today in the LA Times that the bill "sailed through" the Assembly's Health Committee (link here).  Of course, the Consumer Watchdog organization has a blurb on this issue as well (link here). 

AuthorSpencer Y. Kook | Comments Off |
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