News Headlines Article

Calif. Blue Shield stuns some with big rate hikes
San Francisco Chronicle

Blue Shield of California is seeking another round of rate hikes that would mean a cumulative increase averaging over 30 percent over a five-month span for nearly 200,000 policy holders, reports Wednesday said.

The latest hike was set to take effect March 1 pending approval from California regulators, to go with other increases that took place Oct. 1 and Jan. 1, the Los Angeles Times reported.