Health Insurer Defends 39 Percent Premium Increase
Written by Ann Pietrangelo on February 10th, 2010 in Health Care Policy, In The News, Linked Articles.
While the health care bills remain stalled, the problem of soaring health care costs continues. For those who are insured in the individual market, but barely hanging on, the news is grim.
Health and Human Services Secretary Kathleen Sebelius dispatched a letter to Anthem Blue Cross of California earlier this week asking for justification for the individual insurance premium increase of as much as 39 percent. The rate increase will affect as many as 800,000 Californians who currently pay for individual policies, but does not affect those with employer-based plans. These increases are up to 15 times that of inflation.
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