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Posted: Jan 7th, 2011

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Blue Shield of California announces rate increase

Insurance companies are at it again, looking to raise rates for individual policy holders. Read full L.A. Times article here.

From L.A. Times
By: Duke Helfand
January 5, 2011

Blue Shield of California seeks rate hikes of as much as 59% for individuals
Insurer says the increases result from fast-rising healthcare costs and other expenses resulting from new healthcare laws. The move comes less than a year after Anthem Blue Cross tried and failed to raise rates as much as 39%.

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