Odd this article says the exact opposite
http://articles.latimes.com/2011/jan...rates-20110106
Quote:
San Francisco-based Blue Shield said the increases were the result of fast-rising healthcare costs and other expenses resulting from new healthcare laws.
"We raise rates only when absolutely necessary to pay the accelerating cost of medical care for our members," the nonprofit insurer told customers last month.
|
Oh yeah and this is a not for profit insurer. Those greedy bastards!