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interests of the health insurance market in washington. but california where about a million people are being dropped from their current plans, the insurance commissioner told us this morning he thinks insurance companies should call and reinstate their customers with the rates they were promised initially. first of all, the rates are set for 2014. so again, rates should not rise and can t rise on the 2014 policies. 35 states have given their insurance commissioners the authority to regulate rates. they have the ability to reject excessive rate increases. in california we don t have ta authority. we should have it. there s a ballot measure next week to give us the authority. rates have already been set for 2014 and they shouldn t raise. mr. chris frates is our investigative correspondent and joins us now. california state s insurance commissioner seems to be the most upbeat about the president s announcement. what are you finding? i ll tell you right now, this

Insurance companiesInsurance commissionerCalifornia stateWashington stateHealth insurance marketA millionAl lRate increasesBallot measureIta authorityChris frates