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Economy
Blue Shield of California seeks rate hikes up to 20%
2012-12-14
[LA Times] In filings with state regulators, Blue Shield is seeking an average rate increase of 12% for more than 300,000 customers. Consumer advocates say the firm should use its reserves to hold down rates.
Posted by:Fred

#11  Plus, all the citizens who have reached their expiration date are sent to the Soylent plant for 'reprocessing'. Anything to help the cash flow...
Posted by: SteveS   2012-12-14 22:14  

#10  "we lose money on every citizen needing healthcare, but we make up for it in volume"
Posted by: Frank G   2012-12-14 21:12  

#9  Consumer advocates say the firm should use its reserves to hold down rates.

Heh heh heh...shitheads.
Posted by: tu3031   2012-12-14 20:11  

#8  This law is going to create more problems than it solves.

That was the whole idea.
Posted by: Pappy   2012-12-14 20:07  

#7  This law is going to create more problems than it solves.

This law has already created more problems then it claims to solve, and it hasn't even been implemented yet.
Posted by: trailing wife   2012-12-14 19:00  

#6  Don't worry, its going to "pay for itself" though.
Posted by: bigjim-CA   2012-12-14 18:05  

#5  He knows that, but we the sukers shouldn't.
Posted by: Redneck Jim   2012-12-14 17:41  

#4  The company also expects higher costs from an influx of new customers under the federal healthcare law in 2014.

It seems that the 20-30 million uninsured could have been insured without this omnibus Obamacare abortion with all of its regulations and hidden costs. If this had to be done (and that is questionable), pre-existing conditions could have been covered for everyone. Some consideration should have been given to the notion that one size does not fit all. Health care needs are different for different age groups. When Pelosi said you have to pass it to read it should have been a tip off that something was seriously wrong. That is one of the most idiotic things I have ever heard anyone say who is supposedly sane. People should have asked for a sanity check at that point. Still can't see why SCOTUS went along with O-Care. This law is going to create more problems than it solves.
Posted by: JohnQC   2012-12-14 16:47  

#3  It's your's!
:)
Posted by: Dopey Sinatra9196   2012-12-14 16:22  

#2  The road to hell is paved with good regulations.

So true! Mind if I quote that?
Posted by: CrazyFool   2012-12-14 15:26  

#1  The road to hell is paved with good regulations.
Posted by: Dopey Sinatra9196   2012-12-14 15:23  

00:00