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Blue Shield got millions in excess 2014 Obamacare profits but has an explanation
San Francisco Business Times

Blue Shield of California accounted for nearly 30 percent of what some call “excess profits” nationally from Obamacare exchanges, according to Nov.19 report by the federal government. It reported nearly $107 million in excess profits, out of a national total of $362 million. Those figures relate to individual coverage on Covered California and other Affordable Care Act exchanges nationwide.