Head of California Anthem Blue Cross Resigns After Defending Controversial Rate Hikes
Leslie Margolin, CEO, of California Anthem Blue Cross has resigned after defending controversial rake hikes of as much as 39 percent for individual policy holders, according to a report by the Sacramento Bee.Anthem rescinded the hikes after California's Department of Insurance identified errors in the insurer's calculations supporting the hikes.
Ms. Margolin will leave the insurer to join a group called Transforming Health Care, a coalition of healthcare providers, employers and consumer advocates aimed at transforming the state's healthcare system.
Anthem confirmed Ms. Margolin's last day was Monday, according to the report.
Read the Sacramento Bee report on Leslie Margolin.
Read other coverage on Anthem Blue Cross.
- Anthem Delays Individual Insurance Rate Hike, Pending Study; Other States Also See Large Rate Hikes
- HHS Sec. Sebelius Calls on Anthem Blue Cross of California to Justify Rate Hikes
- Anthem Blue Cross of California Raises Individual Premiums by 30-39%
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