Insurance Education :: Individual insurance rates soar in at least 3 states

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Released: February 15, 2010

Individual insurance rates soar in at least 3 states

Source: Linda Johnson, Associated Press [USA Today]

Consumers in at least three states who buy their own health insurance are getting hit with premium increases of 15% or more.

Anthem Blue Cross, a subsidiary of WellPoint, has been under fire for a week from regulators and politicians for notifying some of its 800,000 individual policyholders in California that it plans to raise rates by up to 39% March 1.

The Anthem Blue Cross plan in Maine is asking for increases of about 24% this year. Last year, they raised rates 32%.

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