California governor signs into law new insurance merger protections

Modern Healthcare: Gov. Jerry Brown has signed into law a bill that will give California officials more of a say in the merger of health insurance plans.

Under Assembly Bill 595, insurance companies seeking to merge plan offerings in the state must get permission from California's Department of Managed Health Care. It also gives the department the ability to veto mergers that negatively impact competition.

Read article

i360Gov Newsletters

The most significant government policy, business, and technology news and analysis delivered to your inbox.

Subscribe Now

Trending