News Headlines Article

CA regulator: Blue Cross rate hike unreasonable
The Press-Enterprise

Double-digit rate hikes for 120,000 Anthem Blue Cross health insurance policyholders will take effect Sunday despite a state regulator’s determination the increase is unreasonable.

A California Department of Managed Health Care review found the increases were 3 percent to 4 percent higher than individual plans with similar benefits under the jurisdiction of the state’s other insurance regulator, the Department of Insurance.