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News Story
Posted by Mark Reback
Blue Shield of California officials said Tuesday its most recent rate hikes for health insurance policies were not excessive, but a state regulator voiced concern about whether the hikes were necessary. The San Francisco-based insurer released an actuary's report showing the hikes meet federal and state standards that dictate how much...
Posted by Consumer Watchdog
Blue Shield of California is going to raise their rates by an outrageous 59% in less than three months. KABC-TV reports that the Speaker of the Assembly has raised $100,000 from Blue Shield while a single hearing has yet to be held on the rate hike.
Posted by Consumer Watchdog
Coverage of the February 1st rally at Blue Shield headquarters in San Francisco by the local ABC station.   As KGO reported: The decision by Blue Shield means four of California's health insurers have agreed to postpone their rate increases for 60 days. Blue Shield's rate hike is by far the largest. Nurses, patients and...
News Release
Posted by Doug Heller
San Francisco, CA – Just as Blue Shield policyholders, nurses and consumer advocates arrived at Blue Shield's San Francisco headquarters today, the company announced it would delay its massive rate hikes by 60 days. Previously, the company had refused Insurance Commissioner Dave Jones' request for a delay, even as several other...
Blog Post
Posted by Jamie Court
California Insurance Commissioner Dave Jones may have just assured Blue Shield its place as the worst health insurance company in America. He's gotten every other health insurance company in California to hold off on rate increases. A black sheep among black sheep is how Blue Shield and its CEO Bruce Bodaken will be remembered if they don...