What else can you ask? If this sort of news, on the heels of the incoming Congress looking to "Repeal the Jobs-Killing Health Care Law" doesn't raise some alarm bells about our health care system, then nothing will....
Another big California health insurer has stunned individual policyholders with huge rate increases — this time it's Blue Shield of California seeking cumulative hikes of as much as 59% for tens of thousands of customers March 1.
Blue Shield's action comes less than a year after Anthem Blue Cross tried and failed to raise rates as much as 39% for about 700,000 California customers.
San Francisco-based Blue Shield said the increases were the result of fast-rising healthcare costs and other expenses resulting from new healthcare laws.