Measure To Control Price Of Health Insurance Could Make November Ballot
Friday, May 18, 2012
Aired 5/18/12 on KPBS News.
A state measure that would require health insurers to get prior approval for rate increases may be on the November ballot.
California A state measure that seeks to regulate the price of health insurance in California could be on the November ballot. Supporters have turned in some 800,000 signatures to qualify their initiative.
Special Feature Election 2012 Voter Guide
Special Feature KPBS Election Coverage
Jamie Court is president of Consumer Watchdog, the non-profit group that's sponsoring the initiative. He said it's not a radical idea.
"It simply extends to health insurance the same type of transparency and oversight that we have for auto and home insurance, and in auto and home insurance it's been a wild success," Court said.
Doctors groups and insurance companies are already attacking the measure. They argue it wouldn't reduce healthcare costs, but would deliver a windfall to trial attorneys.
Please stay on topic and be as concise as possible. Leaving a comment means you agree to our Community Discussion Rules. We like civilized discourse. We don't like spam, lying, profanity, harassment or personal attacks.