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Regulating state's health premiums could hurt exchange, report says
Regulating state's health premiums could hurt exchange, report says

Obamacare in California could suffer setbacks, delays and legal challenges if voters this year approve a statewide ballot initiative to regulate insurance rates, a new industry-backed report warns. Those predictions drew immediate fire from Insurance Commissioner Dave Jones. He said the concerns are nonsense and passage of the ballot measure is essential for consumers to reap the full benefits of the Affordable Care Act. For two years, Jones and consumer groups have campaigned for more authority over ever-increasing health premiums for consumers and small businesses. In November, voters will decide whether to give the insurance commissioner veto power over rate hikes. The latest...

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