Anthem Blue Cross postponing rate hike again

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Anthem Blue Cross has again put a planned rate hike on hold.

The health insurance company said this week that policyholders will not see a rate change beginning May 1.

A spokeswoman for Anthem's parent, Indianapolis-based Wellpoint Inc., Kristin Binns, told the Los Angeles Times
in a story Friday that "Members will receive adequate notification of any rate change. Until they receive information
indicating otherwise, rates remain unchanged."

In January, Anthem notified many individual policyholders that their rates would rise as much as 39 percent March 1. After
a public outcry, the company announced a two-month delay.

State law requires insurers to give policyholders at least 30 days' notice before altering rates.

There's no word from Anthem on how long the new delay will be.

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In