Summaries of health policy coverage from major news organizations
California Lawmakers React To Insurance Premium Increases
Los Angeles Times: As health care costs continue to soar, California lawmakers struggle to take action to control insurance premium increases before the Legislature adjourns on August 31. "August will be a key month as state officials try to forge a strategy to comply with the nation's new healthcare law. Among the law's far-flung provisions is a call for states to develop plans for reviewing 'unreasonable' increases in health insurance premiums. Under a provision of the new federal healthcare law that takes effect in September, insurers will have to devote at least 80% of their premiums to medical care. Schwarzenegger says the requirement will dramatically curb the insurance industry's ability to raise rates. Still, advocates of strict rate regulation believe that California needs additional protections. They say the only sure way is to force insurers to ask permission before raising premiums" (Helfand, 7/30).
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