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Anthem Blue Cross Settles with State Over Canceling Coverage
So is this why my health insurance with them has increased again... for the fourth time in two years? Nevertheless, it's a good thing for the people who are getting payback. "Anthem Blue Cross, the state's largest for-profit health insurer, has agreed to pay a $1-million fine and offer new coverage -- no questions asked -- to 2,330 people it dropped after they submitted bills for expensive medical care," reports the LA Times this morning. "The settlement follows Anthem's agreement last year to pay a $10-million fine to settle similar charges involving 1,770 members in HMO-type policies overseen by the Department of Managed Health Care, another state regulator."