Ca Health Insurers Spend $1 Million Lobbying in 90 Days; Key Vote This Week On 'Prior Approval' of Premiums
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SAN FRANCISCO, May 3 /U.S. Newswire/ -- Reports filed with the Secretary of State on Friday show that the largest California health insurers paid lobbyists $1 million to influence state legislators and the governor in the first three months of 2004, according to the Foundation for Taxpayer and Consumer Rights (FTCR).
On Wednesday, the Senate Insurance Committee will vote on legislation, SB 1349 (Ortiz), requiring health insurers to justify overhead expenses, including lobbying fees, and receive approval for them from the Insurance Commissioner before passing costs on to patients and business owners in the form of higher premiums.See the full content of this document
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Ca Health Insurers Spend $1 Million Lobbying in 90 Days; Key Vote This Week On 'Prior Approval' of Premiums
"Corporateering health insurers are spending millions of our premium dollars hiring well-heeled lobbyists in Sacramento to advocate their interests at the expense of patients," said Jerry Flanagan of FTCR. "Meanwhile, health insu...
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