As California families continue to reel from the most severe economic downturn since the Great Depression, health insurance premium rates have soared by 153% since 2002, nearly five times the rate of inflation.
Businesses are finding it difficult to pay for these rate hikes, and pass the increased costs on to workers. Business owners and employees are forced to absorb these rising costs or search for less expensive ? and less comprehensive ? coverage options.
California lawmakers are taking another stab at tougher regulation of health insurance rates. The state Assembly has approved a bill that would require health insurers to get approval from state regulators to raise insurance premium... Read Post
It's unconscionable that insurance companies continue to impose double-digit premium hikes on America's families and businesses to pay for their excess profits and financial shell games at a time when consumers and employers are str... Read Post