Editorial Praises Blue Shield’s Profit Cap, Premium Rebates
"By any measure, Blue Shield of California's announcement that it is capping its income and returning money to customers is welcome news," a Sacramento Bee editorial states. Although some critics have called Blue Shield's move a "lobbying tactic," the editorial states that "there is no evidence that the company took the step for any reason other than its stated point -- that health care costs must come down."
- "Editorial: Blue Shield Grants a Welcome Break" (Sacramento Bee, 6/10).