News Headlines Article

Blue Shield of California asked to justify rate increases for 70,000 members
Healthcare Finance News

The California Department of Managed Health Care has asked Blue Shield of California to justify a 37.5 percent increase for approximately 70,000 members who are in managed care plans.

In a letter to the insurer, state officials noted the cumulative increase is the result of two separate rate hikes – one of 15.8 percent in October 2010 and second on Jan. 1, 2011 of 18.8 percent.