CA SB1037

Requires the Department of Managed Health Care and the Department of Insurance to each conduct an enhanced rate review of health care premiums for affordability

Mandates collaboration with the Office of Health Care Affordability in conducting these premium reviews

Applies affordability determinations to both individual and group health care purchasers

Amends existing rate review law that already requires health plans and insurers to demonstrate the impact of health care cost targets on their rates

Introduced by Senator Weber Pierson on February 11, 2026