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Blue Shield claims vindication from independent review of sky-high individual rates
Sacramento Business Journal

Blue Shield of California says independent actuary David Axene’s review of its controversial individual rate hikes for this year has given it a clean bill of health. Axene’s report, filed Monday and released broadly on Tuesday, says Blue Shield’s proposed rate hikes for individual policyholders, originally due to take effect March 1, are “reasonable,” not excessive and meet federal and state medical loss ratio requirements.