Posts Tagged ‘health insurance rate increases’
Anthem Blue Cross to Raise Rates
California's largest for-profit health insurer, Anthem Blue Cross, is seeking to raise rates an average of 18% for more than 630,000 individual policyholders. Some Anthem customers may see rates rise as much as 25% in February under the company's proposal. The increases are among several others proposed by California insurers, including Aetna [...]
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 [...]
