Consumer advocates filed a class-action suit against Anthem Blue Cross on Monday, accusing California's largest for-profit health insurer of illegally using drastic rate hikes to force customers into inferior health plans.
The suit comes two days before top executives from several major U.S. health insurers, including Anthem's parent company, WellPoint Inc. , were to meet in Washington with Obama administration officials to discuss escalating premiums. Anthem's plan to boost its individual premiums by as much as 39 percent has spawned inquiries by state regulators and congressional committees.
Consumer group sues California health insurer
Since September, 16 major drug companies have inked deals with the Trump administration to lower prices....
