News Headlines Article

State approves rate hike for Aetna
ABC News

One of California’s largest insurers now has the go-ahead to raise its rates.

On Friday, the California’s Department of Insurance approved a rate hike for Aetna. Under the plan, average premiums will go up 19 percent. The maximum increase would be 30 percent.

California’s three other large insurers, Anthem Blue Cross, Blue Shield, and Health Net were allowed to move forward with similar increases last month.