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Thousands of Anthem Blue Cross customers await decision on rate hikes

Los Angeles Times, April 12, 2010

Thousands of worried Californians who buy individual insurance policies from Anthem Blue Cross will soon learn whether they face rate increases of up to 39% that were put on hold for two months. California's largest for-profit health insurer agreed to postpone the increases for many of its 800,000 individual policyholders until May 1 while an outside actuary, appointed by state Insurance Commissioner Steve Poizner, evaluated its spending practices. The actuary report from Axene Health Partners is expected within two weeks, the Los Angeles Times reports.