Anthem seeks 22.9 percent rate increase in Maine

[kpete]

Source: Portland Press Herald

Anthem seeks 22.9 percent rate increase in Maine
Submitted by The Associated Press on Thu, 01/07/2010 - 09:49

PORTLAND — Anthem Blue Cross and Blue Shield of Maine has proposed a 22.9 percent rate increase for two health insurance plans targeting individuals.

The filing comes as Anthem awaits a judge's ruling on an earlier rate case. Maine Insurance Superintendent Mila Koffman last spring denied Anthem's proposed 18 percent rate hike for its individual insurance plans. Instead, she approved a revised request for a 10.9 percent increase, which provided for a zero percent profit margin.

The new filing focuses on the same two products that provide coverage for 11,066 Mainers.

Greg Howard from Maine Changes That Works, which advocates health care reform, says it "boggles the mind" that Anthem would file for another increase before the last one was settled.

Read more: http://updates.pressherald.mainetoday.com/updates/anthem-seeks-229-percent-rate-increase-in-maine

[Hello_Kitty]

1. How many plans would that transform into "Cadillacs"? eom

[IndianaGreen]

3. This is a harbinger of things to come

HCR will allow this to happen across the country.

[Zhade]

4. HIR, not HCR. Let's call it what it is -- insurance "reform".

And there are still people here who believe this bill will help us.

I guess some people never learn.

[Nikki Stone1]

6. That's exactly right.

Sigh.

[debbierlus]

2. Fuckers

[Po_d Mainiac]

5. I made sure that our 2 Senators received this.

Whether they will "get it" is doubtful, but this may well thin the tea-baggers ranks. :grr: