Skip to Content

New California rule aims to limit health care cost increases to 3% annually

By ADAM BEAM
Associated Press

SACRAMENTO, Calif. (AP) — A new rule in California aims to limit health care price increases to just 3% each year. The Health Care Affordability Board approved the rule on Wednesday. It sets a statewide cost growth target of 3% each year. The Office of Health Care Affordability would gather data to monitor compliance. Doctors, hospitals and insurance companies that don’t comply could face fines. The health care industry has supported a cost target. But they say 3% is too low and will be nearly impossible to comply with.

Article Topic Follows: AP-National

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KVIA ABC 7 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content