News Headlines Article

Anthem reduces rate increase for now
Sacramento Business Journal

Anthem Blue Cross will reduce a proposed 16.4 percent rate increase for more than 600,000 individual policyholders to 9.1 percent and delay the effective date to July 1. Increases in copayments and deductibles scheduled to take effect April 1 have been postponed until Jan. 1, 2012. The changes will save policyholders at least $40 million.