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Aetna Inc.
Aetna's rate hike excessive for small employers, regulator says
Aetna's rate hike excessive for small employers, regulator says

For the third time since 2013, California's managed-care regulator has criticized health insurance giant Aetna Inc. for imposing an excessive rate hike on small employers. The nation's third-largest health insurer is raising rates by 19.2%, on average, for about 16,000 people covered by small employers. This change in premiums took effect last month. Shelley Rouillard, director of the California Department of Managed Health Care, said Aetna has demonstrated a pattern of unjustified rate hikes. “We never got a real good explanation for why that’s an acceptable rate increase," she said. “Aetna has told me they’re interested in expanding their...

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