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Blue Shield of Calif. Agrees To Limit Premiums, Recalculate Rebates
California Healthline

Blue Shield of California has agreed to limit its premiums for certain policies next year and in 2017, Payers & Providers reports.

Background
On Oct. 5, the California Department of Managed Health Care issued an order addressing Blue Shield’s premiums and medical loss ratio calculations.

DMHC spokesperson Rodger Butler said the agency had “significant concerns with some of the plan’s projected trends and target profit levels,” adding, “This warranted the department’s action to find a solution with the plan that will protect consumers and ensure rates are supported.”

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