Comment on California regulator calls Anthem Blue Cross rate hike 'unreasonable'

California regulator calls Anthem Blue Cross rate hike 'unreasonable'

But the Department of Managed Health Care says it can't stop the state's largest for-profit insurer from raising rates for 120,000 customers an average of 16%.A California regulator for the first time has declared a health insurance rate increase "unreasonable" but acknowledged that it can do nothing to stop the state's largest for-profit insurer from going ahead with it.

 

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