On Friday, California's Insurance Commissioner Dave Jones pressed for a complete department review of Blue Shield of California's rate hike on individual policies, and stressed the need for legislation that would give him authority to reject premium increases.
The commissioner says he's disappointed the insurer wouldn't agree to his request that it delay the March 1 implementation of the rate increases.
"I made that request in light of the fact that I had been sworn in only for 72 hours and wanted to make sure that I have the time needed to review their rate filing for compliance with a new state law (SB 1163) that went into effect January 1, 2011," Jones said in a press statement.
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