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Blue Cross withdraws rate increase
Orange County Register

Anthem Blue Cross has agreed to call off insurance rate increases of up to 39 percent for individual policy holders, the state insurance commissioner announced Thursday. In California, insurers can raise rates as long as at least 70 percent of premiums are spent on medical claims. Blue Cross sought the rate increase late last year. Amid outcry from the White House to households in Orange County, the state hired an independent auditor to evaluate Blue Cross’ justification for the increase.

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