Blue Shield and Aetna to raise healthcare rates over state objections
Thursday, March 7, 2013 - 13:40
in Mathematics & Economics
The increases average more than 11% for about 47,000 individual and small-business policyholders. State insurance regulators had found them unreasonable.Despite objections from regulators, health insurers Blue Shield of California and Aetna Inc. are proceeding with double-digit rate increases that state officials said were unreasonable.