Californian voters rejected a controversial ballot measure that, if passed, would have given the states insurance commissioner the power to approve rate changes for individual and employer small-group plans. Proposition 45 failed with nearly 60% voting against it.
Rejection of Prop 45 by Californians means that plan choices will remain robust and available with a high degree of certainty, says John Greene, vice president of congressional affairs at the National Association of Health Underwriters, which was one of the top five contributors to the campaign against the measure. NAHU and other opponents said the ballot measure would have given one person too much power to regulate insurance rates.
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