News Headlines Article

Health insurers to reduce rate hikes for California small firms
Los Angeles Times

Tens of thousands of small businesses in California collectively will save $48 million on their health insurance bills starting this month now that three insurers have agreed to reduce pending rate hikes. State Insurance Commissioner Dave Jones announced Friday that Anthem Blue Cross, Blue Shield Life and Health Co. and Aetna are modifying rate hikes that took effect July 1 for small group policies, covering employers with fewer than 50 people insured.