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California insurance commissioner hits Anthem’s rate hike on small businesses
Sacramento Bee

California’s insurance commissioner Tuesday criticized another rate increase by Anthem Blue Cross, even while acknowledging he’s powerless to stop it.

Commissioner Dave Jones ripped Anthem for raising rates 5.2 percent, effective Monday, on small businesses. He said Anthem’s rates on those customers have jumped 10.5 percent in the past year, which he called “excessive and unreasonable.”