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Tag: Supervisor of Rates and Forms

Mixed-bag Anthem settlement and Obamacare funds put insurers on notice

Although a large portion of the $20 million that health insurance giant Anthem Wellpoint agreed to pay Colorado policyholders will simply funnel back to Anthem, the settlement and the new $1 million that Colorado insurance industry regulators will receive this year through the new health reform legislation sends a strong message to insurers to deal fairly in the state, according to consumer advocates and commissioners at the state's regulatory Division of Insurance.