State officials have stripped Blue Shield of California of its tax-exempt status, an exemption the nonprofit health insurer has held since its founding in 1939. The decision could put Blue Shield on the hook for tens of millions of dollars in state taxes each year.
Consumer Watchdog · March 19, 2015
https://consumerwatchdog.org/video/kcbs-tv-2-los-angeles-california-strips-blue-shield-tax-exempt-status/
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