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Anthem Blue Cross

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OPINION
February 11, 2010
The prospects for healthcare reform legislation in Washington are cloudy, but Anthem Blue Cross apparently isn't taking any chances. The company recently informed many of the approximately 800,000 Californians who buy its individual policies that premiums will rise sharply March 1. Although Anthem provided no details, insurance brokers say they're already seeing increases of up to 39%. That's on top of even larger rate hikes last year. With the pending healthcare bills proposing new limits on premiums and profits, the Anthem increases look suspiciously like an attempt to extract as much as possible from customers before the rules change.
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BUSINESS
April 21, 2014 | By Chad Terhune
With open enrollment for Obamacare wrapped up, insurance giant Anthem Blue Cross stayed ahead of the pack in California sign-ups and widened its lead over rival Blue Shield of California. Anthem signed up 425,058 people through April 15, or 30.5% of Covered California's exchange market under the Affordable Care Act, new data show. Anthem is a unit of Indianapolis-based WellPoint Inc., the nation's second-largest health insurer. San Francisco insurer Blue Shield of California trails Anthem with a 27.3% share, or 381,457 enrollees.
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BUSINESS
February 15, 2013 | By Chad Terhune, Los Angeles Times
In response to pressure from California regulators, Anthem Blue Cross agreed to a slightly lower rate increase for about 630,000 individual policyholders that will save consumers an estimated $54 million. Anthem, a unit of Indianapolis insurance giant WellPoint Inc., had sought to raise rates an average of 18% beginning Feb. 1. California Insurance Commissioner Dave Jones said Thursday that the company had agreed to reduce the average increase to 14% after regulators reviewed Anthem's rate filing.
BUSINESS
April 21, 2014 | By Chad Terhune
With open enrollment for Obamacare wrapped up, insurance giant Anthem Blue Cross stayed ahead of the pack in California and widened its lead over rival Blue Shield of California. Anthem signed up 425,058 people through April 15, or 30% of Covered California's exchange market under the Affordable Care Act, new data show. Anthem is a unit of Indianapolis-based WellPoint Inc., the nation's second-largest health insurer. San Francisco insurer Blue Shield of California trails Anthem with a 27% share, or 381,457 enrollees.
BUSINESS
February 19, 2013 | By David Lazarus
Anthem Blue Cross is backing off a decision to require some policyholders to buy their prescription drugs from a single mail-order pharmacy -- a requirement that the California attorney general's office said may be illegal. Anthem, California's largest for-profit health insurer, said in November that it was imposing the new requirement for so-called specialty medications used to treat major illnesses. The company said the limitation would help keep costs down for patients and businesses.
BUSINESS
January 15, 2014 | By Chad Terhune
Amid further delays for consumers, California's two largest health insurers extended payment deadlines once more for people who signed up for Jan. 1 coverage through the Covered California exchange. Anthem Blue Cross, a unit of industry giant WellPoint Inc., said it is giving new enrollees until Jan. 31 to pay their first month's premium. Kaiser Permanente, the state's largest HMO, extended the deadline to Jan. 22. Wednesday remains the official deadline for other policies purchased through the Covered California exchange, but its 11 insurers are free to grant extra time, and customers are urged to check with their specific health plan.
BUSINESS
January 8, 2013 | By Chad Terhune
California's insurance commissioner said an 11% rate increase for small businesses by Anthem Blue Cross is "unreasonable" because the company overstated its costs and improperly added fees related to the federal healthcare law. Insurance Commissioner Dave Jones also said Anthem, a unit of industry giant WellPoint Inc., was reaping excessive profits in California. But under state law the commissioner has no authority to block the rate increase from taking effect this month. "This is a huge loophole in California law and in the federal Affordable Care Act," Jones said.
BUSINESS
March 6, 2013 | By Chad Terhune
Some Anthem Blue Cross policyholders are pressing a court fight over the company's midyear changes in annual deductibles and other limits on out-of-pocket medical costs. Dave Jacobson, a film production supervisor in Santa Monica, is one of the plaintiffs who filed suit against Anthem over the changes in 2011. Jacobson, who bought his Anthem policy in 2000, said the company increased his annual deductible from $500 to $550. Meantime, he said, his premiums have doubled in the past five years.
BUSINESS
April 21, 2014 | By Chad Terhune
With open enrollment for Obamacare wrapped up, insurance giant Anthem Blue Cross stayed ahead of the pack in California and widened its lead over rival Blue Shield of California. Anthem signed up 425,058 people through April 15, or 30% of Covered California's exchange market under the Affordable Care Act, new data show. Anthem is a unit of Indianapolis-based WellPoint Inc., the nation's second-largest health insurer. San Francisco insurer Blue Shield of California trails Anthem with a 27% share, or 381,457 enrollees.
BUSINESS
February 20, 2014 | By Chad Terhune
Insurance giant Anthem Blue Cross stretched its lead over rival Blue Shield of California in the state's healthcare-coverage exchange, new data show. Anthem signed up 223,630 people through Jan. 31, or 31% of California's exchange market as part of the healthcare law. Anthem is a unit of Indianapolis-based WellPoint Inc., the nation's second-largest health insurer. San Francisco insurer Blue Shield of California trails Anthem with a 29% share or 213,646 enrollees. Kaiser Permanente, the state's biggest HMO, is third with 131,448 exchange customers, an 18% share.
BUSINESS
April 6, 2014 | By Lisa Zamosky
Now that open enrollment under the Affordable Care Act is over for this year, healthcare consumers can begin to put their insurance policies to work. For many, it may be a challenge. A year ago, Norm Wilkinson, 61, retired after 35 years as a Teamster and signed on to a retiree health plan. He figured he'd enjoy the same comprehensive coverage he'd had for years, but soon learned that prescription drugs weren't covered. "I did not get a prescription drug plan with it, and that was the big killer," said Wilkinson, a resident of Whittier.
BUSINESS
March 10, 2014 | By Chad Terhune
For the seventh consecutive year, Kaiser Permanente ranked highest in customer satisfaction for health insurance among California policyholders, according to ratings firm J.D. Power & Associates. But two other major rivals -- Blue Shield of California and Anthem Blue Cross -- scored the lowest on member satisfaction among seven California health plans. In its annual survey, J.D. Power surveyed more than 34,000 customers of 136 commercial health plans in December and January in 18 regions across the country.
BUSINESS
February 20, 2014 | By Chad Terhune
Insurance giant Anthem Blue Cross stretched its lead over rival Blue Shield of California in the state's healthcare-coverage exchange, new data show. Anthem signed up 223,630 people through Jan. 31, or 31% of California's exchange market as part of the healthcare law. Anthem is a unit of Indianapolis-based WellPoint Inc., the nation's second-largest health insurer. San Francisco insurer Blue Shield of California trails Anthem with a 29% share or 213,646 enrollees. Kaiser Permanente, the state's biggest HMO, is third with 131,448 exchange customers, an 18% share.
BUSINESS
January 30, 2014 | By Chad Terhune
Thousands of Anthem Blue Cross individual customers with older insurance policies untouched by Obamacare are getting some jarring news: Their premiums are going up as much as 25%. These increases, 16% on average, are slated to go into effect April 1 for up to 306,000 people - unless California regulators persuade the state's largest for-profit health insurer to back down. Amid the fury last fall over canceled health policies, consumer advocates and state officials warned people that holding onto grandfathered policies purchased before the federal healthcare law was enacted in 2010 wouldn't shield them from significant rate hikes.
BUSINESS
January 29, 2014 | By Chad Terhune
Health insurance giant WellPoint Inc. has signed up 500,000 people for Obamacare policies across the country, and it struck an upbeat tone about early enrollment trends under the healthcare law. WellPoint, which runs Anthem Blue Cross plans in California and 13 other states, said new enrollees tend to be older than current customers but that enrollment is in line with its projections and pricing for the new policies. "We do feel good about what we've seen in the exchanges so far," WellPoint Chief Executive Joseph Swedish said Wednesday during an earnings conference call with analysts and investors.
BUSINESS
January 29, 2014 | By Chad Terhune
Health insurance giant WellPoint Inc. has signed up 500,000 people for Obamacare policies across the country, and it struck an upbeat tone Wednesday about early enrollment trends under the healthcare law. WellPoint, which runs Anthem Blue Cross plans in California and 13 other states, said new enrollees tend to be older than current customers but that enrollment is in line with its projections and pricing for the new policies. "We do feel good about what we've seen in the exchanges so far," WellPoint Chief Executive Joseph Swedish said during an earnings conference call with analysts and investors.
NEWS
July 19, 2013 | By Jon Healey
Let's get this out of the way right up front: I feel like a guy who's continually making excuses for a friend who repeatedly messes up. For supporters (such as myself) of the 2010 Patient Protection and Affordable Care Act, better known as Obamacare, Friday presented another occasion to make excuses. This time it was the stunning news that Anthem Blue Cross will not offer group plans to small employers through a new, subsidized marketplace being set up by Covered California -- at least not in the exchange's first year.
BUSINESS
December 13, 2013 | By Chad Terhune
Amid rising enrollment for healthcare insurance in California, industry giant Anthem Blue Cross has seized the early lead with a 30% share of the state's exchange market. Two major rivals, Blue Shield of California and Kaiser Permanente, aren't far behind in newly released state figures. Overall, the Covered California exchange said 156,143 people have selected a private health plan through Dec. 7. An additional 179,000 Californians have been deemed eligible for Medi-Cal, the state's Medicaid program.
BUSINESS
January 15, 2014 | By Chad Terhune
Amid further delays for consumers, California's two largest health insurers extended payment deadlines once more for people who signed up for Jan. 1 coverage through the Covered California exchange. Anthem Blue Cross, a unit of industry giant WellPoint Inc., said it is giving new enrollees until Jan. 31 to pay their first month's premium. Kaiser Permanente, the state's largest HMO, extended the deadline to Jan. 22. Wednesday remains the official deadline for other policies purchased through the Covered California exchange, but its 11 insurers are free to grant extra time, and customers are urged to check with their specific health plan.
BUSINESS
December 27, 2013 | By Chad Terhune
After a slow start, Molina Healthcare Inc. is looking for bigger enrollment in California's health insurance exchange in the next three months. The publicly traded company based in Long Beach had only 521 enrollees in the Covered California exchange, or less than 1% market share, through Nov. 30. Molina has traditionally served patients enrolled in Medicaid and other government programs, so its presence on nine state exchanges across the country...
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