News Headlines Article

Blue Shield agrees to delay increase in health premiums
Sacramento Bee

Blue Shield bowed to public pressure Tuesday and agreed to delay plans to raise premiums by as much as 59 percent for customers who buy insurance on their own.

The move gives nearly 200,000 Californians at least a 60-day reprieve from hikes that were scheduled to take effect March 1.

Instead, the increases will take effect no sooner than May, if state regulators and a company-hired actuary find nothing that could prevent or further delay the new rates from going into effect.