Insurance Commissioner Jones Applauds Passage of Health Insurance Rate Bill Out of Senate Health Committee
News: 2011 Press Release
Insurance Commissioner Dave Jones today commended the Chair of the Senate Health Committee and the Committee's members for passing AB 52, critical legislation that would empower the Insurance Commissioner with the authority to reject excessive health insurance premium rate increases.
"I would like to thank the Chairman, Senator Ed Hernandez, and those Committee members who voted for AB 52, which protects consumers from excessive health insurance rate hikes," Commissioner Jones said. "The insurance industry, in an effort to protect its record profits, continues to push amendments that would gut the bill. I look forward to working with Chairperson Hernandez and the members of the Senate to secure this much-needed reform for California's consumers and businesses."
AB 52 passed out of the Senate Health Committee by a vote of 5-3, and will next be heard in the Senate Appropriations Committee.
The California Department of Insurance, established in 1868, is the largest consumer protection agency in California. Insurers collect $310 billion in premiums annually in California. Since 2011 the California Department of Insurance received more than 1,000,000 calls from consumers and helped recover over $469 million in claims and premiums. Please visit the Department of Insurance website at www.insurance.ca.gov. Non-media inquiries should be directed to the Consumer Hotline at 800.927.4357. Telecommunications Devices for the Deaf (TDD), please dial 800.482.4833.