Wednesday, September 22, 2010
Health insurance in California goes up double digits
The California Dept. of Insurance has approved increase in monthly premiums of 15% to 29%. Anthem Blue Cross’ request for a 39% increase is under review. The department attributes these increases to a number of factors, primarily the requirements of the federal health care bill. In addition to its increase, Blue Shield has announced that it is no longer guaranteeing its rates for a full year but will review them as required. http://insurancenewsnet.com/article.aspx?id=226528&type=newswires (A good health insurance plan for a young family of four is about $1500-$2000/month before the increases.)
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