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Calif. Regulators Want Actuarial Review of Rate Hikes by Top Individual Health Writers
insurance newsnet

The California Department of Insurance will now require requests for premium rate increases by top health insurers in the individual market to undergo an additional review by outside actuaries.

Those insurers — Anthem Blue Cross, Aetna, Health Net and Blue Shield of California — cover about 90% of the market, the insurance department said.

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