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Blue Shield Of California To Give $167 Million Back To Individual Policyholders

Blue Shield Of California To Give $167 Million Back To Individual Policyholders

By Chris Morran June 7, 2011

Amid criticism for increased rates and cushy executive salaries, the CEO of Blue Shield of California has announced that the company will cap its net income at 2%, returning any extra funds — $180 million this year alone — back to certain policyholders and doctors. [More]

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