SDCTA Opposes Prop 45 The Insurance Rate Public Justification and Accountability Act

Though the intent of this ballot measure is to reduce the financial burden on customers facing continued rate increases, it fails to address the causes of these increases. The causes include the growing cost shift created in part by the underfunding of MediCal and Medicaid programs to care providers and increased demand for health services. Without addressing the heart of the issue, the measure could increase the cost of business for insurance providers and ultimately exacerbate the increasing costs of health care.

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Rosey Williams