Early last month, California Insurance Commissioner, Dave Jones, called for a delay on a proposed rate hike on premiums from Blue Shield. The rate hikes would have raised premiums by at least 60% and would have gone into effect March 1st. Blue Shield has agreed to postpone the hikes for 60 days after becoming the focus of demonstrations from citizens and health care professionals. Blue Shield initiated proposed the rate hikes as a necessary measure in light of the rising cost of medical care and associated expenses. They claim that…
Read MoreSunday, February 25, 2024
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