Los Angeles Business Journal

Anthem Critics Call for Ballot Initiative to Cap Insurance Costs

Friday, February 1, 2013

As about 730,000 California health insurance consumers' rates rise an average 17.5 percent today, a consumer group is renewing its support for a ballot initiative to rein in costs, the San Jose Mercury News reports. Anthem Blue Cross and the California Association of Health Plans said the rate boosts were necessary and in line with industry norms and federal health care requirements.