California consumers can now be notified via e-mail when health insurance companies file premium rate changes for the individual market with the state insurance department.
"We want as many people as possible scouring these rate filings to ensure they are mistake-free," California Insurance Commissioner Steve Poizner said in a written statement. "The e-mail notification tool will expand access to these documents by informing the public of when there are new filings to peruse."
The new service comes about a month after Poizner announced that all major insurers in the state have agreed to have any rate changes for individual consumers reviewed by an independent actuary.
In April, Anthem Blue Cross of California withdrew planned double-digit premium rate increases after an independent actuary hired by the state found mathematical errors in the filing. Currently under review are rate filings for Anthem Blue Cross, Aetna and Blue Shield of California.