California Ends Anthem Rate Hike Battle

[This article posted on August 26, 2010. It is posted within the following categories: CMS, Corporate, via Michael Douglas, MD, MBA.]

For the past six months insurance regulators in California have been working through negotiations with Anthem, a BC insurer whose initial premium rate hikes became a cause célèbre for healthcare consumers in that state and the Obama administration, alike. The previously proposed 39% increases created a firestorm in healthcare policy circles and provided Obama and HHS a temporary PR headache as a solution to lower premium increases was sought. The end result after scrutiny of state ledgers is a “smaller” increase —  of approx. 14 percent. | MP3 LINK

Related Posts Within Doctor Pundit:

  1. Anthem BC & Parent Company Begin Legislative Testimonies Regarding Massive Rate Hikes Legislative grilling in California begins today for Anthem Blue Cross,...
  2. Citing Insurers’ Rate Hikes, Obama Takes Message for Reform to Public Again Any momentum gained by President Obama when the issue of...
  3. HHS Desires Insurer Rate Review HHS is issuing guidelines on the process of reviewing rate...
  4. California Insurance Rate Hikes Delayed The ongoing saga that is the threat of insurance premium...
  5. California’s Largest Insurer to Delay Premium Rate Hikes The ACA is essentially a year old this week. Californians...

[This article is contained within the following tags:

Leave a Reply