Anthem Rates To Go Up 15 Percent For Some Policyholders

LOS ANGELES (AP) — Some Anthem Blue Cross policyholders in California are facing rate hikes that will average almost 15 percent.

The insurer’s spokeswoman Kristin Binns says Thursday that the individual policyholders in the latest hike are not the same ones who had their rates hiked as much as 39 percent last year.

According to filings with the state’s Department of Managed Health Care, the hike will affect more than 150,000 policyholders who buy insurance from the state’s largest insurer.

The regulator’s spokeswoman Lynne Randolph says the hikes were vetted by an independent actuary to ensure that they were in compliance with law.

The hike is slated to take effect April 1.

(© Copyright 2011 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

  • ES

    Time to reach for your ankles again.

blog comments powered by Disqus
Sandwich Generation

Listen Live