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Maine Court Backs Regulators in Anthem Rate Dispute 

Maine’s Superior Court has sided with Maine regulators in a dispute with Anthem Blue Cross Blue Shield.In 2009, the insurance company asked for an 18.1% increase in some insurance plans.The state insurance superintendent only approved an increase of 10.9%.Anthem argued that the increase will provide no profit for the company.But in the ruling, Superior Court Justice Thomas Humphrey said Maine law does not “expressly entitle insurers to a mandated profit margin.”So the 10.9% increase stands.