California SB1037 amends the Insurance Code and Health and Safety Code to enhance rate review processes for health care service plans and insurers.
California SB1037 amends the Insurance Code and Health and Safety Code to strengthen the rate review process for health care service plans and insurers. It defines key terms such as "blended," "community rated," and "experience rated" rating methods. The bill requires health care service plans and insurers to submit detailed information on rate filings, including proactive steps to meet cost targets, financial capacity, and factors driving rate increases.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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