Health Insurers Face New Disclosure Rules Under Calif. Bill

Law360, San Diego (May 4, 2012, 8:52 PM EDT) -- The California Assembly passed a bill Thursday that would require health insurers to notify the state Department of Insurance and policyholders before terminating a provider group or hospital contract, despite insurers' criticism that the measure puts a higher regulatory burden on certain insurance products.

Assembly lawmakers voted 46-25 in favor of A.B. 2152, authored by Assemblyman Mike Eng, D-Alhambra, and sponsored by Insurance Commissioner Dave Jones. The measure seeks to boost consumer protections in the state’s regulation of health insurance by aligning the insurance code with...
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