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Anthem settles lawsuit alleging rate manipulation
American Medical News

WellPoint subsidiary Anthem Blue Cross of California has agreed to settle a class-action lawsuit alleging that the company manipulated rates and pressured members to change coverage in a bid to purge unprofitable business.

Anthem denied any wrongdoing. In the agreement, announced June 21, the company pledged to offer plaintiffs and affected members an opportunity to change policies without any medical underwriting and to cap premium increases on those customers.