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California insurance commissioner to Blue Shield: Delay rate hike
Los Angeles Times

California’s new insurance commissioner called Thursday for health insurer Blue Shield of California to delay controversial new rate hikes for 60 days, saying recent increases by the industry were alarming.

On the job since Monday, Commissioner Dave Jones said he wants to take a closer look at the Blue Shield increases planned for nearly 200,000 individual policyholders, whose rates would rise for the third time since October — some as much as 59% total.