Bill Would Let Californians Know About Unreasonable Rate Hikes
SB 908, introduced by Sen. Ed Hernandez (D-West Covina), would require an insurer to send a written notice to its customers anytime regulators found the price hike for a particular plan to be unjustified.
California Healthline:
Unreasonable Rate Hike? Proposed Legislation Would Tell You About It
California consumers should know when their health insurance premium rates have been deemed unreasonable by the state. That's the primary purpose of a bill (SB 908) proposed yesterday in the state Senate. (Gorn, 1/27)
KPCC:
Bill Would Force Health Insurers To Tell You About 'Unreasonable' Rates
A bill introduced in the California legislature this week seeks to force health insurers to notify consumers about coverage premiums that state regulators have deemed "unreasonable." The legislation would also require insurance companies to give those consumers time to shop for a new plan. (O'Neill, 1/27)