Anthem Blue Cross, the largest health plan in California, said Monday it will delay and reduce rate hikes that would have hit some 600,000 policyholders at an estimated cost of $40 million.
A whistleblower lawsuit claims Bristol-Myers Squibb Co. bribed doctors to prescribe its drugs, costing insurers perhaps millions of dollars in the largest alleged health care fraud case ever handled by the state.
Financial disclosure forms released Thursday show Gov. Jerry Brown and his wife, former Gap Inc. executive Anne Gust Brown, have real estate and stock holdings potentially worth millions of dollars.
Blue Shield of California said an independent review has found that its most recent rate hikes on health insurance policies are not excessive and meet state and federal requirements.
Insurance Commissioner Dave Jones said he can ensure some consumers will get the best deal for their premium dollars with the approval of a new emergency regulation.
State Insurance Commissioner Dave Jones has renewed his criticism of Blue Shield of California Saturday and plans to conduct a full review of the insurance carrier’s planned rate increase.
Blue Shield of California is planning to go forward with scheduled health insurance rate increases despite calls from government regulators to delay the move.
U.S. Health and Human Services Secretary Kathleen Sebelius and California Insurance Commissioner Dave Jones are vowing to push back against massive health insurance rate hikes proposed by Blue Shield.
As one of his first acts in office, California’s new insurance commissioner said he’ll back the national health care reform law by proposing emergency legislation to ramp up enforcement.
Democrat Dave Jones has been elected California’s next insurance commissioner in a contest that attracted heavy independent spending by the insurance industry.