Tuesday, February 16, 2010

Good insurance news - for now

A moment of reprieve for Anthem Blue Cross insurance holders here in California. The State Insurance Commissioner has been able to secure a delay in the spike of premium increases until May 1st. This will allow outside health-insurance actuarial experts to investigate whether Anthem has violated any California law with its implementation of increases rates.

Let's hope the Commission can come to a long term agreement based on this analysis to minimize future insurance rate increases.

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