News Headlines Article

On eve of election, insurance commissioner blasts Anthem Blue Cross over some of it rates
San Francisco Business Times

With Election Day less than two weeks away, Insurance Commissioner Dave Jones blasted Anthem Blue Cross for what he deemed an “unreasonable” rate increase for a small sub-set of its business.

Jones described the 9.8 percent boost in rates for roughly 120,000 small-group enrollees as the fourth consecutive rate increase by the Thousand Oaks-based health insurer that the California Department of Insurance found to be “excessive and unreasonable.”