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Experts Don’t Expect More Insurers To Cap Profits

By Igor Volsky on June 9, 2011 at 10:58 am

"Experts Don’t Expect More Insurers To Cap Profits"

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“Blue Shield of California’s surprising announcement that it will cap profits at 2 percent and issue millions in policyholder refunds sparked hopes that other health insurers would follow suit, but many experts said yesterday that was unlikely” because Blue Shield is “better positioned than most to make that move.”

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