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Obama keeps heat on Calif. Blues
Modern Healthcare - Matthew DoBias

President Barack Obama continued to lash out at a double-digit rate increase proposed by Anthem Blue Cross of California, but said he was ultimately powerless to change it. “I don’t have the authority, as I understand it,” when asked if he could step in to set a lower rate. “I can’t simply issue an executive order lowering everybody’s rates. If I could, I would have done that already and saved myself a lot of grief on Capitol Hill.”