News Headlines Article

Insurance commissioner calls Blue Shield rate increases ‘excessive and unreasonable’
Sacramento Business Journal

Insurance Commissioner Dave Jones used the bully pulpit Tuesday to rail against Blue Shield of California for imposing “excessive and unreasonable” rate increases on 81,000 Californians. Jones doesn’t have authority to regulate rates, but he can draw attention to them. The 81,000 policyholders have plans that don’t meet standards under the Affordable Care Act, but existed before the health reform law was enacted in March 2010.