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Dave Jones '84 "Has Come Out Swinging" as California's Insurance Commissioner

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90649February 12, 2011, Greencastle, Ind. — "From the day he was sworn in as California's new insurance commissioner, Dave Jones has come out swinging," begins an item in the Pasadena Star-News. "His primary target? Health insurers. Jones, a former Sacramento councilman and assemblyman, now runs the Department of Insurance, which regulates most PPO plans."

E,ily Bazar writes, "On inauguration day last month, Jones immediately called for an emergency regulation giving him the authority to enforce a provision of the federal health care overhaul requiring health insurers to spend at least 80 percent of premium dollars on medical services. The regulation now is in effect. Since then, he has asked four major health insurers to delay planned rate hikes by 60 days to give him more time to review their proposals."

A 1984 90384graduate of DePauw University, Jones tells the newspaper, "Implementation of health care reform is one of my top priorities. In addition, we need to build on that reform to address certain omissions, for example, the absence of authority in the federal Affordable Care Act to reject excessive premium hikes. I'm going to continue to work on giving the insurance commissioner the authority to reject excessive health insurance premium increases much as we have for car insurance, home insurance and property and casualty insurance."

Read more at the newspaper's website.

Also available is this recent story.


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