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Blue Shield begins issuing credits for profit
San Francisco Chronicle

Blue Shield of California is starting to make good on its promise to cap its incomes at 2 percent and give back some of its 2010 profit to its policyholders.

The San Francisco health insurer said Thursday it started mailing letters this week to subscribers and group customers who are eligible to receive a credit as part of a pledge the company announced in June.

The credit will be reflected in their October bills.