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Blue Shield delays health insurance rate hike

Blue Shield of California has delayed more rate hikes at the request of the insurance commissioner.
February 1, 2011 12:00:00 AM PST
Blue Shield of California has delayed more rate hikes at the request of the insurance commissioner.

Cumulatively some policy holders would pay about 60 percent more in premiums under the new rate hikes, which were scheduled to take effect March 1st.

They've been delayed for 60 days to give the commissioner enough time to review the proposal.

CALPIRG, an advocate for the public interest, says this is good news for consumers who need to know that the increases are justified.

Blue Shield has already raised rates twice since October.


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