News Headlines Article

Anthem agrees to delay rate increase
Sacramento Business Journal

Health insurer Anthem Blue Cross will delay its proposed maximum 39 percent premium increase for Californians who buy their own insurance, following a request by state Insurance Commissioner Steve Poizner and increasing criticism by Congressmen and the Obama administration. The Thousand Oaks company will not boost rates for an estimated 800,000 residents until at least May 1, two months later than originally planned.