News Headlines Article

Blue Shield’s cumulative rate hikes could reach 86.5%
Los Angeles Times

Higher insurance premiums sought by Blue Shield of California in recent months would drive total increases as high as 86.5% for thousands of individual policyholders, new documents show.

The higher cumulative increases, once thought to be as much as 59%, were reported to Insurance Commissioner Dave Jones this week as part of Blue Shield’s explanation of its plans to raise rates in May.