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S.C.’s Insurance Regulators Lax, Cozy With Industry

May 2, 2011

From The Post & Courier: By Renee Dudley [email protected] Sunday, May 1, 2011 South Carolina insurance regulators under-use their statutory power to reject health insurance premium rate hikes, harming consumers who have struggled with continual increases in recent years, watchdogs and analysts said. The South Carolina Department of Insurance “only occasionally” reduces rates after review,…

S.C. Blue Cross Swimming In Cash, Screwing Over Our State

May 2, 2011

From The Post & Courier: As premiums have risen, so has executives’ pay. By Renee Dudley Blue Cross Blue Shield of South Carolina, which has generated hundreds of millions of dollars in profits over the past five years, has boosted the pay of board members and top executives while sticking policyholders with ever-higher premiums, a…

Justice Department Investigates Blue Cross Blue Shield

March 30, 2011

From Charleston Regional Business Journal: By Ashley Fletcher Frampton [email protected] Published March 28, 2011 The U.S. Department of Justice claimed in a lawsuit filed in October that Blue Cross Blue Shield of Michigan was violating antitrust laws in its contracts with hospitals, and now the government is expanding its investigation of the matter. Blue Cross…

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