Small Business Health Benefits Exchange

READER'S EDITORIAL: ANTHEM SHOULD BE EXCLUDED FROM HEALTH BENEFITS EXCHANGE

 

By Dave Jones, California Insurance Commissioner

July 30, 2013 (San Diego) – In case you missed it, last week I recommended that Anthem Blue Cross and Blue Cross of California should be excluded from California's Small Business Health Benefits Exchange.

On July 1, Anthem will increase rates on small employers 7.2%, the third unreasonable rate increase imposed on small employers this year alone.  The 12-month cumulative increase for these Anthem customers is 17.6%; had Anthem reduced its rate increase to a reasonable level as I requested, policyholders would have seen $37 million in savings.


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