News Headlines Article

Health insurers’ rate hike proposals get state scrutiny
Los Angeles Times

California health insurance regulators have ordered independent reviews of rate hikes being sought by four of the state’s largest insurers, a move that could lead to smaller increases for consumers.

The action comes after an outside analysis found significant errors in a recent rate filing by Anthem Blue Cross, leading it to cancel increases of as much as 39% for hundreds of thousands of policyholders.