Posts Tagged ‘excessive rate increases’
Aetna Rate Hike Deemed “Excessive” by Jones
Aetna's new rate increases, which average 1.8 percent, were deemed excessive by California Insurance Commissioner Dave Jones. Aetna, however, has disputed this claim and will be the first major insurer to proceed with the increase after receiving such a label by the department. Under legislation that was passed in January of 2011, the state [...]
