Health Care & Hospital Law
Jun. 11, 2011
Bill Would Exert Control Over Rate Changes
In 1988, California voters passed Proposition 103, requiring property and casualty insurers to get state regulators' approval before implementing rate changes. Today, California Democrats are trying to repeat the feat.
SACRAMENTO - In 1988, California voters passed Proposition 103, requiring property and casualty insurers to get state regulators' approval before implementing rate changes. Today, California Democrats are trying to repeat the feat.
This time, the fight is in a different arena - the capitol, and it concerns a different industry - health insurance - but the concept is the same. So is the political firestorm that Assembly Bill 52 has rai...
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