Home › video › Blue Shield › Blue Shield's $3.1 Billion In Excess Surplus Exhibit A For Rate Regulation Initiative
Video
Blue Shield's $3.1 Billion In Excess Surplus Exhibit A For Rate Regulation Initiative
2/9/2012 Posted by Mark Reback Comments (0)
Source:
KTVU TV-2 San Francisco, CA
Patients facing 15% rate hikes March 1st took their complaints to Blue Shield yesterday, and signed a ballot petition outside the insurer's San Francisco headquarters to make health insurance companies publicly justify rates before they take effect. Blue Shield is sitting on $3.1 billion in excess surplus - 1400% the minimum surplus required by law. Sign the petition at www.JustifyRates.org.
