New California Voter "Initiative" to "Regulate" How Much Health Insurers Can Charge

Posted by scojohnson 10 years, 10 months ago to Legislation
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So, apparently, forcing people to buy health insurance from ObamaCare, now has the panic-effect that the people being forced to buy it, never realized that health care was expensive to begin with... or that maybe they are no different from anyone else that already buys it.. and there's no free lunch. Now there is a voter's initiative to require insurance carriers to "justify" how much they charge a customer. So much for supply & demand...
SOURCE URL: http://www.bizjournals.com/sacramento/news/2014/06/23/rate-regulation-initiative-covered-california.html?ana=e_du_pub&s=article_du&ed=2014-06-23&u=kzKE2P2+BoSp+997oyyNCCJb0z6&t=1403570132


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