Los Angeles Business Journal

Anthem Scolded, UnitedHealth Praised on Rates

Wednesday, January 9, 2013

California Insurance Commissioner Dave Jones scolded Anthem Blue Cross for raising rates for small businesses while praising industry rival UnitedHealth Group Inc. for cutting worker premiums, the Los Angeles Times reports. Jones said Anthem's premium hike for companies with 50 or fewer workers, which he pegged at 11 percent, was "unreasonable" because the company overstated its projected medical costs and improperly added fees related to the federal healthcare law.