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Revisions to Health Care Reform Must Include Rate Freeze, Rate Regulation and States' Rights Provisions, Says Consumer Watchdog
Date:3/8/2010

2. Require effective rate regulation. Expand on the modest rate regulation requirements of the Senate bill to:

* Require prior approval of rate changes by state regulators

* Guarantee the public's right to intervene to further reduce rates

* Increase federal grants to states for development of "prior approval" regulations

* Publish strong federal fallback regulations to take effect in states that do not adopt effective prior approval regulation

* Require consumer premium refunds if rates that have already gone into effect are later found to be excessive

California's landmark prior appro
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SOURCE Consumer Watchdog
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