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 will ease up in the coming year to prevent California voters from approving tough new rate controls on the November statewide ballot.
For 2014, consumers purchasing individual policies paid between 22% and 88% more for health insurance than they did last year, depending on age, gender, type of policy and where they lived, Jones said Tuesday.
He said he has authorized a study of health insurance rates after receiving numerous complaints about rising costs.
"The rate increase from 2013 to 2014, on average, was significantly higher than rate increases in the past," Jones said in a news conference in Sacramento.
The state examined policies issued by the state's four largest health insurers: Anthem Blue Cross, Blue Shield of California, Kaiser and
Jones took time Tuesday to lobby for a statewide initiative, on the November ballot, that would give his office new authority to regulate proposed health insurance increases. He said California is among a minority of states that does not regulate health insurance costs.
"We're going to continue to see rates go up simply because ... no one has the ability to stop excessive rates," he said.
There was some good news: Jones said he expects 2015 increases will be lower. That's because insurers won't want to offend voters before they consider health insurance cost regulation, he said.