Blue Shield of California (and Blue Shield Life & Health) announced this afternoon that the company will abide by the request of Insurance Commissioner Dave Jones and hold the March 1, 2011 rate increase for 60 days so that the rates can be reviewed.
Late last week Blue Shield stated that they were satisfied with the rate increase and would not honor the request of the CA Insurance Commissioner.
For those with Blue Shield CA individual & family health plans who are not in your initial rate guarantee period, your rates will not be increasing on March 1 as projected.
Blue Shield will notify agents as to when, if and by how much the rate increase will actually go into effect.
Blue Shield CA Agrees To 60-Day Rate Hold On Individual Plans You On Here » Blue Shield , California , Commissioner , Dave Jones , Individual Health , Insurance , Rate Increase » Blue Shield CA Agrees To 60-Day Rate Hold On Individual Plans
