California Insurers Postpone Proposed Rate Increases

One year ago today, President Obama signed his healthcare reform bill, which had passed without a single Republican vote in the House or the Senate. Recent polls show the public is still divided, with a plurality opposed to the measure but large majorities favoring various provisions. This week, Anthem Blue Cross reduced and delayed proposed rate increases for some 500,000 Californians. Blue Shield has delayed its proposed hikes for about 200,000 people this year. We speak with the California Insurance Commissioner, insurance providers and healthcare advocates.