California Subpoenas Records From 7 Health Plans

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MarketWatch

February 25, 2010 Thursday 5:21 PM EST

LENGTH: 113 words

HEADLINE: California subpoenas records from 7 health plans

BYLINE: Wallace Witkowski

SAN FRANCISCO (MarketWatch) -- California Attorney General Edmund "Jerry" Brown late Thursday subpoenaed records from seven health insurers in a probe concerning potentially illegal claim denials and rate hikes. Brown subpoenaed financial records and other documents from Aetna Inc. (aet) , Cigna Corp. (ci) , Anthem Blue Cross, Health Net, Blue Shield of California, Kaiser Permanente and PacifiCare. The probe follows reports that California's five largest health insurance providers were denying nearly 40% of claims and hiking rates by up to 40%.

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