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Sebelius asks Anthem to justify 39% rate hike
Modern Healthcare - Matthew DoBias

HHS Secretary Kathleen Sebelius has called on Anthem Blue Cross of California to release financial data to justify its 39% increase in premium costs for California policyholders—a number that President Barack Obama cited over the weekend to bolster his case for health reform. In a letter dated Feb. 8 and sent to Anthem Blue Cross President Leslie Margolin, Sebelius said she was “disturbed” to learn about the increase, which she said is 15 times faster than inflation and could make insurance unaffordable for hundreds of thousands of Californians.

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