Stop unreasonable health insurance rate hikes from Blue Shield of California
Stop unreasonable health insurance rate hikes from Blue Shield of California
Why this petition matters
A few weeks ago, I received a 32-page booklet from my health insurer, Blue Shield of California, titled "updates to your health plan." Of course, the updates included higher premiums for 2011 and less coverage. More recently, I received another missive informing me of yet another rate increase scheduled for March 2011. My health insurance premium will increase by 55% within a three-month period and by 98% since I bought the individual policy in March 2009. I have a "Blue Shield Savings 4000" plan and buy my insurance directly from Blue Shield.
These premium increases are unreasonable and should be checked by proper insurance regulation. This petition will be sent to Dave Jones, the California insurance commissioner, whose office apparently approved these astronomical rate increases. Health insurance companies are making record profits because they have the ability to raise premiums on individual health insurance plans without consequence. Now is the time to speak up and let the insurance commissioner know it has gone much too far.