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Rate Increase

Latest Headlines

Latest Headlines

Anthem 'excessive' rate hike lawsuit heads to state Supreme Court

Insurance companies should keep a close eye on a case involving Anthem Health Plans of Maine, which sued the state because it says regulators violated state law and the U.S. Constitution when they

Blues plan denied 9.9% rate hike, more explanation needed

In a rare move among insurance commissioners, New Mexico Insurance Superintendent John Franchini outright denied Blue Cross Blue Shield's request for a 9.9 percent rate increase. Franchini said he

Anthem wants 13% rate hike to offset rising claims, utilization

Anthem Blue Cross and Blue Shield wants to raise premiums by 12.9 percent next year for more than 45,000 individual-market customers in Connecticut. The state's largest insurer said the rate hike,

California insurers get another year without rate reviews

A bill that would have granted the California insurance commissioner more oversight in regulating health insurance rates has died in the Senate. This is the fourth time in four years that lawmakers

Experts share regulatory strategies for justifying rate increases

Health plans better get used to justifying their rate increases now that the Obama administration wants to review premium increases of 10 percent or more, Lynn Shapiro Snyder, senior member of

Regence defends rate hike against angry public

Regence Blue Cross Blue Shield of Oregon execs were grilled by state officials at a contentious public hearing about its request to increase individual rates by 22 percent. Those offering public

HHS hopes to pressure insurers into lowering rate hikes

Health insurers seeking to raise premium rates by 10 percent or more will face increased scrutiny under a final rule released by the Department of Health and Human Services. The rule attempts to

Regence wants 22 percent rate hike

Regence Blue Cross Blue Shield wants to raise premiums by 22 percent for 59,000 individual customers, but it first must appear at a rare public hearing addressing the rate request. In its rate filing

BCBS of Michigan slashes rate hike in settlement with AG

Blue Cross Blue Shield of Michigan agreed to restrict how high it raises rates on individuals after months of negotiations with the state's insurance department and attorney general. The rate

Rate hike requests closely scrutinized under Massachusetts reform bill

Massachusetts Gov. Deval Patrick's comprehensive healthcare payment reform legislation increases oversight of insurers' rate increase requests while moving the state toward a "global payment" system