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California Lawmaker Wants to Protect Patients from Excessive Health Insurance Premium Increases

(Sacramento) California State Assemblymember Dave Jones (D-Sacramento) unveils legislation that would require health insurance companies to get approval from the California Department of Insurance before they could raise rates for California customers. If passed, Assembly Bill 2578 would bring health insurers in line with auto insurers and other insurance providers who are currently required to get approval before raising rates. More in this Assembly Access clip.