News Headlines Article

Blue Shield’s blues
Los Angeles Times

In another sign of dysfunction in the U.S. healthcare system, Blue Shield of California has levied three rate increases in rapid succession that could raise some premiums as much as 59%. New state Insurance Commissioner Dave Jones has said he plans to scrutinize the increases, and that’s a good thing, given that Anthem Blue Cross sought a huge increase in premiums last year based on faulty math. But Blue Shield’s request also highlights why the country should stay the course on healthcare reform.

The three increases announced by the insurer, the last of which would go into effect March 1, would collectively raise rates 30% on average for people who buy coverage individually.