Blue Shield of California rate increase prompts criticism | Money & Company | Los Angeles Times

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Another one of California’s largest health insurers has stunned individual policyholders with news of huge rate increases -- this time it’s Blue Shield of California seeking hikes of as much as 59% for tens of thousands of customers March 1.

[Update: To read an updated version of this report, go here.]

Blue Shield’s plan comes less than a year after Anthem Blue Cross tried and failed to raise rates as much as 39% for about 700,000 California customers."