A.G. File No. 2011-070

Insurance Rate Public Justification and Accountability Act

December 16, 2011

 


For the purposes of CDI’s regulations, this measure broadens the definition of health insurance “rates” to include certain other factors beyond premiums, such as benefits, discounts, co-payments, and deductibles. The measure also changes the state’s process for regulating health insurance rates to be more aligned with the regulation of automobile insurance, as established by Proposition 103.