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Anthem Delays Rate Hikes as California, Feds Turn up Heat
HC Pro - Joe Cantlupe, for HealthLeaders Media

Under pressure from state and federal officials, Anthem Blue Cross on Saturday agreed to postpone a proposed rate increase in California for at least two months, while the state insurance department examines the legality of the proposal. Anthem will delay the rate increase, which was expected to begin March 1 and will mean a 39% hike for some individual insurance members, until at least May 1, according to Insurance Commissioner Steve Poizner of California.