Can California Health Insurance Rate Reviews Stop Excessive Rate Hikes?

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Last year, California was granted the power to scrutinize proposed health insurance rate increases by insurance companies. Insurance companies planning to increase their plan premiums by more than 10 percent are subject to rate reviews. Excessive premium increases would telldickssportinggoods smg com necessitate insurers to publicly justify the unjust rate hikes.

Despite the implementation of rate reviews, little help is seen by millions of consumers. California health insurance premiums continue to skyrocket making it hard for Californians to afford health care coverage.