Blue Cross Rate Increase Temporarily Blocked

An Ingham County Circuit judge has stopped Blue Cross Blue Shield of Michigan from implementing rate increases as high as 66 percent for some seniors.

Tuesday’s preliminary injunction also requires a public meeting be held.

The Michigan attorney general’s office filed suit in September against Blue Cross and a state regulator, claiming the Office of Financial and Insurance Regulation should have held a hearing.

State officials say the decision affects 8,000-9,000 policies out of about 200,000 covered by BCBS Medigap policies.

Blue Cross and the regulator said the rate changes stemmed from elimination of a discount on Medigap policies for people who don’t live in Michigan or do get help from employers in buying coverage.

Blue Cross said it was complying with an order to end to discounts.

(Copyright 2010 by The Associated Press. All Rights Reserved.)

Comments

Leave a Reply

Fill in your details below or click an icon to log in:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Detroit

Best Fall Festivals In Metro DetroitFrom music to art to special events, there's a little something for everyone's delight.
Best 4th Of July Concerts In Metro DetroitStaying home this weekend? Celebrate the 4th of July by rocking out at one of these shows.

Watch & Listen