Calif. Watchdog Wants Anthem Blue Cross Out Of Exchange

Law360, Washington (June 13, 2013, 8:57 PM EDT) -- California's insurance commissioner Thursday urged the state agency implementing its Affordable Care Act health exchange to bar Anthem Blue Cross Life and Health Insurance Co. from participating in the small business market due to its unreasonable rate hikes in the past.

Anthem Blue Cross has implemented unreasonable rate increases on small employers three times in 2013 alone, according to insurance commissioner Dave Jones, saying this justified his request for Covered California to keep the insurer out of that specific exchange market.

"Anthem has engaged in a...
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