Court rejects Anthem appeal over rate increase

The Maine Supreme Judicial Court has again rejected an appeal from Anthem over its desired insurance premium rate increase for 2011-2012.
The court Monday upheld former Bureau of Insurance Superintendent Mila Kofman’s May 2011 decision to deny Anthem Blue Cross Blue Shield a 9.2% rate increase, instead granting an increase of 5.2% for about 11,000 individual policyholders, according to the Back to article