Quote:
Originally Posted by timmgirvan
It is being said on internet that California Blue Cross/Blue Shield is attempting raise rates 59%. Whatever is going to happen, the consumer will take it in the shorts!
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Yes, and CA BC & BS famously tried that last year, too, and were
prevented from doing it by the Obama administration. And they raised alot the year before. That's not associated with the PPACA. That's insurance companies taking record profits while they kick off customers who cost them money.
That is one of the reasons why the PPACA was passed, however - to help control insurance costs.