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Blue Cross raising rates again for tens of thousands in Calif.

Double-digit rate hikes for 120,000 Anthem Blue Cross health insurance policyholders will take effect Sunday despite a state regulator's determination the increase is unreasonable.
April 30, 2011 12:00:00 AM PDT
Health Insurer Anthem Blue Cross is raising rates again for tens of thousands of Californians.

The hikes, which will average about 15 percent, take effect on Sunday and is slated to affect 120,000 policy holders.

The increases come despite objections from a state regulator.

A spokesperson for the California Department of Managed Health Care said it requested Anthem Blue Cross lower its rates.

This marks the first time the regulator has branded a rate unreasonable.

In a statement, Anthem spokeswoman Kristin Binns said the regulator appeared to have changed its mind from a March 3 assessment that found the increase was not unreasonable or unjustified.


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