$1 Billion Surplus Could Go Towards Lowering Insurance Rates
|By Walla Walla Union-Bulletin, Wash.|
|McClatchy-Tribune Information Services|
That's the case in
This is shameful at a time when businesses and individuals have been routinely paying increases of 10 percent or more in recent years.
Yet, executives of these companies have no shame. At least one company will seek a double-digit increase on premiums for individual payers who buy coverage for themselves and their families.
"We understand that it's becoming harder for individuals to afford the increasing cost of health care,"
State Insurance Commissioner
Even if Regence loses what it projects, Kreidler said, "that's less than half of 1 percent of the company's
When Regence BlueCross BlueShield of
Kreidler has been pushing to change state law so it would be in line with
Having a reasonable surplus is a good business practice, but not when it is the result of unnecessarily high premiums year after year. Some of the
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