Blue Shield in Washington state to increase health insurance rates

Health Insurance News

Premiums to rise by an average of nearly 15 percent for families and individuals. The Blue Shield health insurance entity has asked permission to raise its rates in Washington state by nearly 15 percent starting at the end of October. The state Commissioner has now been asked for permission to boost rates on October 31 by an average of 14.7 percent. In its proposal, it has claimed that these new boosted rates would be maintained until 2013 is complete. It justifies its request by saying that the additional funds are required…

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