59% Increase In Health Insurance Costs!

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We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Health Insurance Rates. latimesblogs.latimes.com New TYT Network channels: www.youtube.com www.youtube.com New TYT Facebook Page(!): www.facebook.com Follow us on Twitter: twitter.com www.theyoungturks.com DISCOUNTS: www.theyoungturks.com FREE Movies(!): www.netflix.com Note: The above two links are for TYT sponsors. Read Ana's blog and subscribe at: www.examiner.com TYT Network (new WTF?! channel): www.youtube.com Check Out TYT Interviews www.youtube.com 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. 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 700000 California customers. San Francisco-based Blue Shield said the increases were the result of fast-rising healthcare costs and other expenses resulting from the new healthcare laws passed last year. "We raise rates only when absolutely necessary to pay the accelerating cost of medical care for our members," the company told its customers last month. In all, the insurer said that 193000 policyholders would see increases averaging 30% to 35%, the result of three separate rate hikes since October that have been rolled into one for about 7000 members. Nearly one-quarter of the affected customers -- 44000 -- will see cumulative increases of more than 50% over five months. Blue Shield ...

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