News Headlines Article

Anthem, Blue Shield rate increases approved
San Francisco Chronicle

California Anthem Blue Cross members who saw their proposed rate hikes of as much 39 percent become a major talking point for national health legislation earlier this year will soon receive notices about new but smaller rate increases.

The California Department of Insurance on Wednesday approved rate increases averaging 13.5 percent for the company’s 700,000 individual policyholders. The department also approved rate hikes of 18.8 percent by Blue Shield of California, which is based in San Francisco.