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Brain -> Anthem Blue Cross again seeks rate hikes for Californians (6/30/2010 10:18:03 PM)
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Unfortunately, people have nowhere else to go for health insurance. This is why, among other things, Obama is not doing better in the polls - it started with health insurance because we could have had a better healthcare bill. People would have had more confidence in Obama if he applied his presidential muscle on some senators to give us a better healthcare bill.
Anthem Blue Cross again seeks rate hikes for Californians
The firm plans to raise premiums as much as 20%, sharply less than the 39% maximum it had sought earlier this year but canceled after drawing outrage from consumers, lawmakers and President Obama.
Anthem's new plan comes as California regulators step up scrutiny of insurers offering insurance to individual policyholders in the state, where about 2.5 million people buy their own insurance because they do not receive coverage through employers.
California Insurance Commissioner Steve Poizner has hired an actuary to study rate filings submitted by Anthem, Aetna Inc. and Blue Shield of California. Poizner announced Wednesday that he was making the filings public on the insurance department's website. A fourth insurer, Health Net Inc., also will undergo additional scrutiny once it files new rates.
The state consultant who found significant calculation errors in Anthem's paperwork later identified math mistakes in Aetna's application, leading the Connecticut-based insurer last week to kill its plan for an average 19% rate hike for 65,000 individual policyholders in California
http://www.latimes.com/news/la-fi-anthem-rates-20100701,0,883941.story?track=rss&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+latimes%2Fnews+%28L.A.+Times+-+Top+News%29
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