Filed Under:Health Insurance, Individual Health

California exchange pans state rate measure

The public exchange for people who live near San Francisco's Golden Gate Bridge is not fond of Proposition 45. (AP photo/Eric Risberg)
The public exchange for people who live near San Francisco's Golden Gate Bridge is not fond of Proposition 45. (AP photo/Eric Risberg)

Managers of California's state-based public health insurance exchange say a proposed rate control measure could backfire, by hurting their ability to bargain with health insurers.

Peter Lee, the executive director of Covered California, included an analysis of Proposition 45 in today's exchange board meeting packet. If approved and implemented as written, the ballot measure would give the state insurance commissioner the authority to reject proposed health insurance rate increases, and to conduct backward-looking reviews of rates approved for 2012 through 2015.

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Nichole Morford

Nichole Morford
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