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Calif to review rate hikes of 4 health insurers

California’s four largest health insurers will have rate hike proposals reviewed by independent actuaries to keep them in line with legal limits on profit.

An independent actuary is currently reviewing Aetna and Blue Shield’s proposed increases. Anthem Blue Cross and Health Net will face future rate reviews.

The four insurers control 90 percent of the market involving California’s 2.5 million individual health policies.