Editorial Makes Case for More Regulation of Insurance Fees
While realistic increases in health insurance premiums are "inevitable," the 39% hike for individual Anthem Blue Cross policyholders that the company proposed in February was an "outrage," according to a San Jose Mercury News editorial. The insurer later revised the increase to 20%. The editorial expresses support for state legislation (AB 2578) that would control premium increases by requiring insurers to explain their rate hikes.
- "California Can Stop Outrageous Insurance Rate Hikes" (San Jose Mercury News, 7/6).