News Headlines Article

State Insurance Commissioner Calls Out Blue Shield for ‘Second Tax Dodge’
California Healthline

California Insurance Commissioner Dave Jones (D) on Wednesday said Blue Shield of California has been dodging taxes for years.

Jones spoke Wednesday after the Franchise Tax Board revealed it had revoked Blue Shield’s tax-exempt status in August 2014. “The second tax dodge we have known about for some time,” Jones said, “and it costs California $100 million in premium taxes annually.”