Managed Care Weekly Digest
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Health Insurance
15 Years of Auto Insurance Regulation Has Reduced CA Premiums, While Rates Increased 47% Nationwide
May 28th, 2007
As the California legislature continues the debate on whether to regulate the health insurance industry on Wednesday, a new study of California's landmark insurance reform initiative, Proposition 103, shows that the nation's most effective insurance regulation system has dramatically reduced costs for consumers and provides a model for health insurance reform. "California's experience under Proposition 103 proves that the way to rein in skyrocketing insurance rates is through active regulation of insurance companies," said Harvey Rosenfield, author of Proposition 103 and FTCR founder. "At a time when people are being priced out of their health insurance it's outrageous...
Source: Managed Care Weekly Digest (2007-05-28)
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