(wire)
Anthem asked to justify rate increase
The Obama Administration has asked Anthem Blue Cross to justify its plans to raise health insurance premiums by as much as 39 percent for customers in California.
In a letter sent to the company's president on Monday, the secretary for the department of Health and Human Services called the planned increases extraordinary and difficult to understand.
According to the letter, the company has an obligation to provide a detailed justification for the rate hikes to the public. Anthem Blue Cross has yet to make comment on the request for information.
In a letter sent to the company's president on Monday, the secretary for the department of Health and Human Services called the planned increases extraordinary and difficult to understand.
According to the letter, the company has an obligation to provide a detailed justification for the rate hikes to the public. Anthem Blue Cross has yet to make comment on the request for information.
