News Headlines Article

BSCA Revenue Cap Draws Mixed Reactions
Health Leaders Media

The announcement by Blue Shield of California this week that it will voluntarily limit its profit to 2% of its revenue is garnering mixed reviews from industry analysts and consumer advocates. On Wednesday the Blues plan said it will return any excess revenue over 2% to many of its 3.3 million policyholders and providers. This year it will return about $180 million.