Insurance rates from Anthem too high, says California regulator

Dave Jones California insurance commissioner insurance industry rates

Commissioner Dave Jones has stated that policyholders could have saved $33 million if the insurer lowered premiums. A recent statement from California Commissioner Dave Jones expressed that the 10 percent increase in insurance rates at Anthem Blue Cross for small businesses is excessive and that the result to its policyholders was a costly one. The Insurance Commissioner in the state made the announcement a month and a half before the Prop 45 vote. During the last stretch of time for the battle with regards to Proposition 45, Commissioner Jones criticized…

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