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Aetna proceeds with health insurance hike for small businesses
Sacramento Bee

Despite criticism from the state insurance commissioner and several statewide consumer groups, Aetna said Thursday it’s going ahead with a recent hike in health care premiums for small businesses.

Aetna’s new increases, which average 8 percent annually and took effect April 1, were deemed “unreasonable” this week by state Department of Insurance Commissioner David Jones. He said it’s the first time a California health insurer has proceeded with an increase after it’s been labeled as excessive by the department.