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California Insurance Commissioner slams Anthem Blue Cross
Examiner

The California Department of Insurance issued a statement today condemning Anthem Blue Cross’s latest rate increase in the small group market as “excessive and unreasonable.”

Insurance Commissioner Dave Jones cited the return on equity for Anthem, which is a for-profit organization unlike affiliated Blue Shield of California. The department also accused Anthem of charging taxes and fees in 2013 that are to be imposed in 2014.

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