California regulator calls Anthem Blue Cross rate hike ‘unreasonable’
A California regulator for the first time has declared a health insurance rate increase “unreasonable” but acknowledged that it can do nothing to stop the state’s largest for-profit insurer from going ahead with it. As a result, rates for 120,000 customers of Anthem Blue Cross will begin rising an average of 16% on Sunday, infuriating [...]
Ministry hosts consultation on HIV/AIDS
Other Stories INDECOM to be fully operational by June 0 comments Painless budget – Tax system being simplified 0 comments Gov’t wants to extend IMF agreement 1 comments CAREC: There is no swine flu outbreak in region 0 comments Interest rates on student loans slashed by 25% [...]
Aetna Rises After Insurer Increases 2011 Profit Forecast
Aetna Inc. (AET), the third-largest U.S. health insurer, climbed the most in almost three months in New York trading after raising its full-year forecast and reporting first-quarter earnings that topped analysts’ estimates. Aetna gained $1.64, or 4.1 percent, to $41.45 at 4:15 p.m. in New York Stock Exchange composite trading. The stock is up 36 [...]