Thursday, January 7, 2010

Reform Rx - Private Options are the Future!

Not quite at Christmas but some Maine citizens could get a late present from Senators Snowe and Collins courtesy of their unyielding support of only private options.

AP update today:

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.

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