Health insurance rate-setting map would raise costs, official says
Wednesday, February 20, 2013 - 12:31
in Mathematics & Economics
California's insurance commissioner says splitting the state into six zones would drive up premiums as much as 23% next year. He's pushing an 18-region plan.A proposal to split California into six zones for setting health insurance rates would drive premiums up as much as 23% for some policyholders next year as part of the federal healthcare overhaul, the state insurance commissioner is warning.