Health insurance ambition narrows

Monday, August 4, 2008 - 11:28 in Mathematics & Economics

Schwarzenegger seeks a deal to cap profits, set minimum benefits and limit cancellations on individual policies. Seeking to salvage two years of efforts to completely remake California's health insurance system, Gov. Arnold Schwarzenegger and Democratic legislators are nearing deals intended to rein in costly, meager medical insurance policies sold directly to individuals.

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