California Probes Anthem Blue Cross, Blue ShieldCalifornia regulators are investigating whether two giant medical insurers misled consumers about which doctors they covered under federal health care reform packages.
LA Settles Health Insurance Lawsuit With Anthem Blue Cross For $6MThe settlement is far less than the $1 billion in fines and restitution former Los Angeles City Attorney Rocky Delgadillo threatened when the lawsuit was filed in 2008.
Calif. Insurance Commissioner Calls Blue Shield Rate Hikes 'Unreasonable'State Insurance Commissioner Dave Jones Thursday called recent rate increases by Blue Shield of California "unreasonable."
Blue Shield Plans To Cap Earnings Amid Sharp CriticismBlue Shield of California came under sharp criticism last month when it revealed that its CEO, Bruce Bodaken, earns four times that of an average non-profit California insurer.
Calif. Regulator Questions Blue Shield Rate HikeA state insurance regulator is asking Blue Shield of California to explain two recent rate hikes that average 37.5 percent for approximately 70,000 policyholders.
Calif. Blue Shield Seeks Another Round Of Rate HikesBlue Shield of California is seeking another round of rate hikes that would mean a cumulative increase averaging over 30 percent over a five-month span for nearly 200,000 policy holders, reports Wednesday said.