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Feinstein pushes to cancel Anthem rate hike
San Francisco Chronicle

U.S. Sen. Dianne Feinstein called on WellPoint Inc. Wednesday to cancel plans to raise premiums by as much as 39 percent for individual Anthem Blue Cross policyholders in California in light of the health insurer’s 51-percent first-quarter profit increase. The country’s largest insurer, which is based in Minneapolis, said last week it would delay for the second time its proposed rate hikes, most recently scheduled for May 1. The company has not said how long the delay would be, but said it will not revoke the increases.

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