News Headlines Article

State official slams Blue Shield rates
Orange County Register

California Insurance Commissioner Dave Jones said Tuesday that a 9.8 percent January 1 premium increase by Blue Shield of California was “excessive and unreasonable.” The increase affects 81,000 Blue Shield members in health plans that were grandfathered in under the Affordable Care Act, also known as Obamacare. Jones said the rate hike amounts to an average increase of 22.6 percent over 12 months and 32.3 percent over two years.