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Blue Shield of California Under New Pressure to Lower Rates
Los Angeles Times 
Mar. 30, 2015
"With billions of dollars in reserve, nonprofit insurer Blue Shield of California is facing new pressure to offer better prices for its policies.... The insurer's premiums are drawing renewed scrutiny since the California Franchise Tax Board stripped Blue Shield of its longtime exemption for state income taxes after an audit.... There are calls for Blue Shield to draw on its $4.2 billion in financial reserves and reduce what it charges employers and consumers."
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