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Blue Shield Gives Back Another $285M in Profits
Health insurance companies are infamous for increasing rates, not for refunds. But Blue Shield of California is about to return $167 million in excess profits to some two million policyholders in California, with another $283 million to be refunded in December.
By Warren Olney • • 1 min readHealth insurance companies are infamous for increasing rates, not for refunds. But Blue Shield of California is about to return $167 million in excess profits to some two million policyholders in California, with another $283 million to be refunded in December. Victoria Colliver writes on the healthcare industry for the San Francisco Chronicle.
