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Kudos to The Post & Courier for continuing to hammer away at Blue Cross/Blue Shield and the S.C. Insurance Commission: Saturday, May 7, 2011 The last thing the people of South Carolina need, as the unemployment rate hovers around 9.9 percent and health care costs have increased significantly, is ineffective regulation of health insurance providers.…
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,…
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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