Coming Soon to a State Near You
February 18, 2010
It's not just Anthem Blue Cross in California that wants to pass along huge premium increases to some of its customers. Today the Department of Health and Human Services is releasing a report documenting large rate hikes that Blue Cross affiliates (along with some other insurers) have sought in a half-dozen other states. Last year in Michigan, for example, the Blue Cross plan asked to raise premiums on some individual policy holders by as much as 59 percent. And you can safely assume the story is not isolated. Earlier this week, I made a round of calls to regulators across the country.