Topic: Health Insurance

Officials ask Anthem to justify rate hike in Calif

Anthem Blue Cross rate hikes on Calif policies criticized by Obama admin, state regulatorOver the past 12 years, Josh Libresco's health insurance premium has increased almost eight-fold for his family of four. The 54-year-old San Rafael resident is facing a 39 percent rate hike from Anthem Blue Cross on ...
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California Targets Medical Discount Plans

State officials seek new licensing regulations For the self-employed and the unemployed, finding good, affordable health insurance can be a challenging task. Consumers who mistake a medical discount service for a health insurance policy can wind up losing money and still having no insurance. In California, state regulators have begun ...
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Health insurers may find 2010 full of challenges

Health insurers may find more challenges, earnings pressure awaiting in 2010Most major health insurers ended 2009 with better-than-expected profits and signs their enrollment losses may be slowing. But potential headaches remain. Employers will continue to demand lower rates in 2010 while medical costs rise. Medicare Advantage cuts will squeeze some ...
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Aetna 4Q profit falls 15 percent on medical costs

Insurer Aetna says 4th-quarter profit slid as medical costs in commercial business grewAetna Inc. said its fourth-quarter profit fell 15 percent, as it continued to struggle with rising medical costs that hurt its performance throughout 2009. The Hartford, Conn., health insurer said Friday medical costs, its largest expense, climbed 14 ...
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