Health Care & Hospital Law
Mar. 18, 2011
Rate Move May Give Blue Shield Reprieve
Blue Shield's cancellation of premium hikes for 194,000 members in California may postpone a showdown with lawmakers over stricter regulation in the individual policy market.
Daily Journal Staff Writer
When Blue Shield of California announced last month it would delay a high-profile rate hike, state insurance regulators did the only thing they have the power to do when a health plan proposes a rate increase: hired an actuary to check the math.
But on Wednesday the health plan changed course, canceling its planned rate hikes for 194,000 members and pledging not to seek any new rate increases this y...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In