News Headlines Article

Insurer Delays Increase for California Customers
New York Times - Kevin Sack

Under intense pressure from Washington and Sacramento, California’s largest for-profit health insurer delayed a double-digit rate increase by two months on Saturday, but expressed confidence that its new premiums would pass state scrutiny. The state insurance commissioner, Steve Poizner, requested the delay on Monday after an estimated 700,000 individual policy holders began receiving notices from the insurer, Anthem Blue Cross, of increases, some as high as 39 percent.