California Insurance Commissioner Dave Jones has irritated the insurance industry and surprised public-policy analysts by hiring Consumer Watchdog, a vocal insurance industry critic, to assist in reviewing health insurance rate increases, the Los Angeles Times reports.
In a one-year contract worth up to $88,000, Consumer Watchdog will supplement the rate review process already done by the insurance department.
From the Los Angeles Times:
The insurance industry expressed dismay that the state enlisted its longtime nemesis to help review rate increases, and some experts questioned whether it’s necessary to further antagonize insurers at a time when state officials are trying to work closely with the industry to implement a massive healthcare expansion.
Public-policy experts also scoffed at the arrangement. Continue reading