Monday, October 27, 2014
What Insurance Companies Are Spending To Stop Prop 45!
We have no affiliations to anyone but we really like what http://www.yeson45.org/ and http://www.consumerwatchdog.org are doing to educate Californians and to debunk deceptive advertising by insurance companies. The David v Goliath campaign has been outspent by insurance companies by more than 25 to 1. Look at what insurance companies are spending to stop Proposition 45, and these monies came from you and I.
• Requires health insurance companies to publicly disclose and justify, under penalty of perjury, proposed rate hikes before they take effect.
• Gives Californians the right to challenge excessive and unfair premium rate increases.
• Authorizes the elected insurance commissioner to reject unjustified rate increases, a power that is the law in 35 other states, but that no California official or agency has today.
Please vote, and vote wisely.