California Health Insurance Increase Postponed

Anthem Blue Cross California health insurance has postponed their rate increase until May. The adjustment is thirty-nine percent. A very large and devastating increase to member in the state. The increase is quadruple the rate of medical inflation.

The California health insurance adjustments are due to sky high medical costs and a deep cut in healthy membership. The insurance commissioner is keeping a close eye on Anthem Blue Cross. If any compliance issues occur the commissioner will direct the carrier to reduce prices. Not acknowledging this request will result in Anthem Blue Cross losing their license to offer and sell California health insurance.

Leave a Reply

Your email address will not be published. Required fields are marked *