Lauren Sivan looks at what Prop 45 will do for consumers if passed, and how the insurance companies are spending tens of millions of dollars to stop it.
A group of price-gouged policyholders, nurses and consumer advocates descended on the Fairmont Hotel in San Francisco on Monday night with a truck load of steer manure to give back to the CEOs feting Kaiser's chief what they have been shoveling to Californians in their advertising against Prop 45.
Right now, health insurance companies can charge excessive rates and get away with it. Prop 45 changes all that.
Backed by consumer advocates, Prop 45 will require health insurance companies to justify their rate hikes before they take effect. Don't be fooled by the health insurance industry's lies: No state or federal agency can now stop excessive rate hikes in California.
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