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News Release
8/6/2014
CONTACT Carmen Balber & Jamie Court
Santa Monica, CA – Proposition 45 is projected to bring up to $1 billion per year – $612 per family – in savings to California consumers reeling from years of devastating health care premium increases, according to a new analysis released by Consumer Watchdog today. Click here to read the Prop 45 savings analysis. “...
News Release
8/4/2014
CONTACT Jamie Court & Carmen Balber
SANTA MONICA, CA – Six health insurance companies financing the No on Proposition 45 committee have donated $37.3 million through June 30, 2014 against the ballot measure to regulate health insurance rates in California, according to campaign finance reports filed recently with the Secretary of State. This is more than three times the $12...
News Story
8/1/2014
By Staff Writers, CALIFORNIA HEALTHLINE
On Thursday, Covered California officials announced that the average premium for health plans offered on the exchange will increase an average of 4.2% for the coming year, the Sacramento Bee reports (Cadelago, Sacramento Bee, 7/31). Covered California is the state's health insurance exchange, created under the Affordable Care Act. The rates...
News Story
8/1/2014
By Stuart Pfeifer, Chad Terhune, Soumya Karlamangla, LOS ANGELES TIMES
-Negotiations with healthcare providers yield a modest 4.2% increase in Covered California rates for 2015 - We have changed the trend in healthcare costs,' says Covered California head -2015 Obamacare rates for Californians will rise 4.2% on average Defying an industry trend of double-digit rate hikes, California officials said the more than 1...
News Story
7/31/2014
By Christopher Cadelago, SACRAMENTO BEE
California’s health insurance exchange officials announced Thursday that the average premium will increase an average 4.2 percent for the coming year, touting the lower-than-usual figure as evidence that the federal health care overhaul is making coverage affordable for millions of residents. Covered California tentatively chose 10 health...
News Story
7/31/2014
By Lisa Alferis, KQED - THE STATE OF HEALTH BLOG
Click here to listen to the audio of this radio broadcast segment (Scroll down). Officials with Covered California, the state’s Obamacare marketplace, say premiums will go up an average 4.2 percent statewide in 2015 for the 1.4 million Californians currently enrolled in insurance through the exchange. Peter Lee, executive director of the...
News Story
7/29/2014
By Stuart Pfeifer, LOS ANGELES TIMES
Californians paid 22% to 88% more for individual health coverage this year than last, commissioner says The cost of health insurance for individuals skyrocketed this year in California, with some paying almost twice what they did last year, the state's insurance commissioner said. But Insurance Commissioner Dave Jones predicted that insurers...
News Story
7/29/2014
By Kathy Robertson, SACRAMENTO BUSINESS JOURNAL
In a pre-emptive strike against what are expected to be lower-than-expected health plan rates for 2015, California Insurance Commissioner Dave Jones took to the bully pulpit Tuesday to rail against rate hikes in 2014 as well as rally support for a rate regulation initiative on the November ballot. Average rate increases this year were between 22...
News Story
7/29/2014
By Christopher Cadelago, SACRAMENTO BEE
As state insurance commissioner, Dave Jones has the power to regulate rates for car and homeowner insurance. He can halt an insurer’s proposed increase if the company can’t justify the higher cost. Health insurance is another matter. The former Democratic lawmaker has spent years working to give elected commissioners regulatory...
News Story
7/24/2014
By Susan Abram, LOS ANGELES DAILY NEWS
Nearly 500,000 consumers across California will receive a piece of a $12 million refund from health insurance companies this summer as part of a provision under the Affordable Care Act, the U.S. Department of Health and Human Services said Thursday. Called the 80/20 rule or Medical Loss Ratio Rule the provision requires insurance companies to...