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Wellpoint (BCBS) To Raise Rates in 11 States

By Jeralyn, Section Economy
Posted on Wed Feb 24, 2010 at 01:27:43 PM EST
Tags: health insurance, BCBS (all tags)
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It's not just California. Think Progress reports Wellpoint (Blue Cross Blue Shield) is going to impose double-digit rate increases in 11 of the 14 states it does business. In addiition to California, the states are: Colorado, Connecticut, Georgia, Indiana, Maine, Nevada, New Hampshire, New York, Virginia, and Wisconsin.”

The findings are based on a new survey by the Center for American Progress Action Fund. Here's a sample:

Colorado: Average rates are expected to increase 19.9 percent in 2010, with increases of up to 24.5 percent for some policyholders.

Indiana: Rates are expected to increase 21 percent in 2010.

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