My Business BlogThe leading business search engine and business directory
Anthem Blue Cross again seeks rate hikes for Californians
Embattled health insurer Anthem Blue Cross is reviving its plan to raise rates for tens of thousands of California policyholders, some of whom could see their premiums rise as much as 20%.
The expected increases, announced Wednesday, are significantly lower than those proposed earlier this year when Anthem became a national lightening rod for consumer outrage over skyrocketing healthcare costs and insurance company profits.
Anthem, California’s largest for-profit insurer, had sought premium increases as high as 39% for many individual policyholders, provoking fury from consumer groups, lawmakers and even President Obama.
Get a daily snapshot of business, financial and technology news delivered to your inbox with our Business Daily newsletter. Sign up »
Similar Posts:
- Ken Crane’s going out of business
- Obama signs cruise ship safety bill
- Obama Plan To Seek Insurance Experts To Control The World’s Insurance
- California Bad Credit Loans – Exploring FICO Scores
- Documents suggest Toyota boasted of saving $100 million on recall
This entry was posted
on Sunday, June 27th, 2010 and is filed under Business News.
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
Leave a Reply