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In the middle of a public hearing last summer, after several insurance companies had proposed double-digit rate increases on their health care plans, Attorney General William Tong posed a series of qu. ....
In the middle of a public hearing last summer, after several insurance companies had proposed double-digit rate increases on their health care plans, Attorney General William Tong posed a series of questions that summed up the concerns of many who gathered at the state’s Legislative Office Building that day.
“My understanding is that an actuarial analysis is undertaken to make sure an insurance company has enough assets to pay liabilities, right? That’s what the analysis shows: ‘Do you have enough money to pay claims?’” he asked. ....
Lawmakers frustrated by the high rate request this year say they plan to introduce a bill during the legislative session that begins in January that would change the state’s rate review process to include consumer affordability as a standard. ....
During that time the senate passed something which might indicate that what joe biden planned to do, he might just get done. and the results have the potential to be big. maybe historically big. so, in the wee hours of the morning, the senate approved a $3.5 trillion budget resolution. the measure passed by a 50/49 party vote. only democrats voting. but for this they don t need republicans. now, this was the first step toward final passage of a spending plan that would allow democrats to make mammoth investments in fighting the climate crisis, health care, education stuff, it would increase taxes, we should note, on wealthy americans and corporations. and the vote for the resolution comes just after the president scored a companion victory, which is senate passage of that bipartisan infrastructure bill, the trillion dollar one. let s bring in cnn s john harwood live at the white house. look, still, still steps ....