We told you so!
Officials at the California Department of Managed Health Care said increases that average more than 11% for about 47,000 individual and small-business policyholders of Blue Shield and Aetna were unreasonable. But state officials don't have the authority to reject changes in premiums, and increasingly health insurers refuse state demands to lower rates.
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State officials have also objected to some health insurers charging people more this year to recoup fees related to the federal healthcare law that don't take effect until next year.
Link: https://www.latimes.com/business/la-fi-health-insure-rates-20130307,0,1301629.story
A rational response to rising health care costs and to a law that forces insurers take on more expensive patients who are high risk or have pre-existing conditions.
If you think this is bad, wait until next year.