BCBS Surpluses Higher Than Recommended, Report Says

A majority of 10 not-for-profit BlueCross BlueShield insurance plans from across the country had more than triple the amount of surplus funds than regulators recommend to ensure plan solvency, according to a Consumers Union report published on Thursday. The report recommends that states cap not-for-profit insurers' surpluses or consider large surpluses when deciding on potential rate increases.

• "Blue Cross Reaps Surpluses While Rates Rise: Report" (Lentz, Reuters, 7/22).