Voters Defeat Health Insurance Rate Initiative | NBC Bay Area
Decision 2014

Decision 2014

NEWS, INFORMATION AND RESOURCES FOR THE NOV. 4 CALIFORNIA ELECTION

Voters Defeat Health Insurance Rate Initiative

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    NEWSLETTERS

    NBC Bay Area's Janelle Wang shows the latest results for the six statewide propositions on the November ballot. (Published Tuesday, Nov. 4, 2014)

    Voters have rejected a proposal to require health insurers to seek approval for rate hikes on individual and small group plans from the state's elected insurance commissioner.

    With a quarter of precincts reporting, 60 percent were voting against Proposition 45.

    Opponents, backed by major health insurers, argued the initiative would give too much power to the commissioner and meddle with the state's recently created health insurance exchange.

    Insurance Commissioner Dave Jones, a Democrat, led the opposition. He said the measure would subject health insurers to the same rules as auto and homeowner insurance companies and force insurers to justify rate hikes.
     

    PROPOSITION 45 HEALTH INSURANCE RATES

    PROPOSITION 45 HEALTH INSURANCE RATES

    100% ReportingNov 8, 9:43 AM
    NO

    3033644

    60%
    YES

    2037696

    40%
    More Results »
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