The president of Anthem Blue Cross has resigned after 2-1/2 years at the helm of California’s largest for-profit insurer, its parent company said Tuesday.
Leslie Margolin led the Woodland Hills-based insurer as it weathered intense criticism this year over planned rate increases of up to 39 percent for many of its nearly 800,000 individual policyholders. Anthem canceled the hikes after calculation errors were uncovered in its filing.
Anthem parent WellPoint Inc. would not comment on Margolin’s departure, saying only in a written statement that she “played an integral role in collaborating with hospitals and providers across the state” and championed innovations to improve patient safety.
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