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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…

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