SPOTLIGHT: Anthem Blue Cross faces class-action lawsuit as rate hike decision looms

Up to 800,000 individual policy holders with Anthem Blue Cross in California could soon learn whether the health plan will move forward with planned rate increases as high as 39 percent, reports the Los Angeles Times. Anthem had delayed the rate hikes to May 1 in order to await the outcome of a review of its spending practices by Axene Health Partners, an outside actuary appointed by California Insurance Commissioner Steve Poizner. Poizner previously has indicated that he would prevent Anthem from instituting the rate increases if Anthem spends less than 70 percent of its premiums on healthcare claims. Axene is expected to release the report within two weeks. FierceHealthPayer

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