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Anthem Inc. said it believes that the Senate Republicans’ health bill will bolster the individual insurance market, an endorsement for the legislation as many other insurers have suggested it could undermine the marketplaces created by the Affordable Care Act. In a statement, Anthem said it believed the bill “will markedly improve the stability of the individual market and moderate premium increases,” because it allots billions to help stabilize the markets, eliminates a tax on health insurance plans and works on “aligning premium subsidies with premium costs.” (Wilde Mathews, 6/26)

Health insurance giant Anthem Inc. endorsed the Senate GOP's healthcare legislation Monday, saying it believes the bill will stabilize the individual market. The endorsement comes as doctors, hospitals, patient groups and even other health plans have slammed the legislation as harmful, and outside experts have warned it could destabilize the individual marketplace. (Weixel, 6/26)