Blue Shield of California May Be Shortchanging Consumers

Blue Shield of California May Be Shortchanging Consumers

California’s third largest healthcare plan, Blue Shield, is under scrutiny for allegedly shortchanging consumers by not adequately paying back policyholders for excessive administrative spending in 2014. About 3.4 million customers that participate in Blue Shield of California health plans, but these charges only pertain to the nearly 500,000 Californians who are on an individual plan, as opposed to one purchased through an employer. [Read more…]