Blue Shield admits to overcharging California customers by about half a billion since 2010
<p><img class=" alignright size-full wp-image-2279" alt="" src="https://consumerwatchdog.org/wp-content/uploads/2011/10/images_dougdrawingname.gif" style="width: 133px; height: 200px; float: right;" width="133" height="200" />It is a <a href="http://www.marketwatch.com/story/blue-shield-of-california-to-give-back-295-million-to-fulfill-2-percent-net-income-pledge-for-2011-2011-10-13">masterful spin by the self-described not-for-profit Blue Shield of California</a> to announce that it is returning all but two percent of its profits to its customers, as though this were some act of humble generosity. It’s a little like a supermarket announcing that from now on it’s going to give
