Sen. Feinstein pushes to cancel Anthem rate hike

San Francisco Chronicle, April 29, 2010
U.S. Sen. Dianne Feinstein called on WellPoint Inc. to cancel plans to raise premiums by as much as 39% for individual Anthem Blue Cross policyholders in California in light of the health insurer's 51% first-quarter profit increase. WellPoint said last week it would delay for the second time its proposed rate hikes, most recently scheduled for May 1. The company has not said how long the delay would be, but said it will not revoke the increases.

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