LOS ANGELES (Reuters) – Consumer advocates filed a class-action suit against Anthem Blue Cross on Monday, accusing California’s largest for-profit health insurer of illegally using drastic rate hikes to force customers into inferior health plans.
The suit comes two days before top executives from several major U.S. health insurers, including Anthem’s parent company, WellPoint Inc. , were to meet in Washington with Obama administration officials to discuss escalating premiums.
Anthem’s plan to boost its individual premiums by as much as 39 percent has spawned inquiries by state regulators and congressional committees. The White House and Democrats on Capitol Hill also have seized on Anthem’s proposed rate hikes in seeking to bolster support for a renewed drive to overhaul the nation’s health care system. Read More…
