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Quick Read: CA Health Insurers Raising Rates up to 14%

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In the face of rate increases, a consumer group is leading an effort to put a ballot measure before the voters in November. The measure would give the California insurance department authority over health insurance rate increases--in the same way the insurance department now has for home and auto insurance. 

By Chad Terhune, Los Angeles Times California's largest health insurers are raising average rates by about 8% to 14% for hundreds of thousands of consumers with individual coverage, outpacing the costs of overall medical care. The cost of goods and services associated with medical care grew just 3.6% over the last 12 months nationally, government figures show.

Read more at: www.latimes.com

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