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Insurance Rate Regulation

News Release
11/28/2012
Posted by Carmen Balber
Santa Monica, CA – Anthem Blue Cross could owe big refund checks to 730,000 Californians if its proposed rate hikes of up to 25% are deemed excessive thanks to an initiative voters will consider on the 2014 ballot.   The ballot measure requires health insurance companies to get approval before raising rates and allows that refunds be...
News Story
11/28/2012
Posted by Daniel Palay
California's largest for-profit health insurer proposes an average rate hike of 18%, but some Anthem customers may see increase of as much as 25% in February.   California's largest for-profit health insurer, Anthem Blue Cross, is seeking to raise rates an average of 18% for more than 630,000 individual policyholders, drawing...