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Anthem to reduce, delay Calif. rate hike
Modern Healthcare

Another California health insurer is backing off a planned rate increase to individual policyholders.

Anthem Blue Cross of California said it would reduce a planned premium rate increase from 16.4% to 9.1%, and delay its effective date from April 1 to July 1. Additionally, the health plan will delay hikes on copayments and deductibles planned for April 1 until Jan. 1, 2012, according to the California Department of Insurance.