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Under Pressure, WellPoint Execs Stand By Rate Hikes

By Jessica Dye (February 24, 2010, 3:16 PM EST) -- WellPoint Inc.'s chief executive on Wednesday denied U.S. lawmakers' accusations that the company is attempting to pad its bottom line with proposals to hike individual insurance premiums by as much as 39 percent in California, blaming rising health care costs for the requested increase....

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