California insurance regulators asked Anthem Blue Cross to delay controversial rate increases of as much as 39% for individual policies, hikes that have triggered widespread criticism from subscribers and brokers -- and now from the federal government.
In a rare step, the Obama administration called on California's largest for-profit insurer to justify its rate hikes, saying the increases were alarming at a time when subscribers face skyrocketing healthcare costs.
http://www.latimes.com/business/la-fi-anthem-obama9-2010feb09,0,4384044.story
In an exclusive interview during the Super Bowl pre-game show, President Barack Obama told CBS Evening News anchor Katie Couric that he has invited Republican and Democratic leaders to discuss health care legislation later this month.
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