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Anthem Blue Cross reduces rate increases
Los Angeles Times

California health insurer Anthem Blue Cross, scaling back rate increases for the second time in less than a year, has agreed to cut nearly in half average increases for more than 500,000 individual policyholders.

State officials said California’s largest for-profit health insurer would reduce average July 1 increases to 9.1% from 16.4%. Anthem said it also would put on hold until January plans to hike policyholders’ deductibles and co-pays for medical services at the same time.

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