Saturday, February 9, 2013

BlueShield CA Provides Hope for All Consumers

By Daniel Abrams


Blue Shield CA foundation has awarded over $30 million in grants for the struggling health care system in California. The non-profit power house is hoping to reinforce many areas of medicare which are in dreadful straits, such as safety net providers and home-based assault services.

These areas are hanging on by a thread, and the extra funds come at an ideal time. Blue Shield Ca sees this as a imperative component of gearing California up for medical care exchanges and all of the changes this next year will bring. This foundation is amongst the biggest grant making associations in the golden state, and has proven to be on the side of California residents in need.

Many customers were pleasantly surprised by their insurance carrier (a rare achievement indeed) when they received credits for their premiums paid last year. Blue Shield Ca promised that they might return anything over the 2% profit mark. As this surpass happened, individuals saw a mean refund of $25 and families about $75. While the premium credits were appreciated, as it was proof that Blue Shield Ca stuck to their guaranteed, the nice feeling were swiftly replaced with concern over the suggested 20% increase for 2013. Nevertheless if Blue Shield Ca remained true to their guarantees in 2012, policyholders should expect another credit for their premium dues. Of course, any rate rise is unwelcome and does warrant the reevaluation of current coverage.

Health Insurance in California has always been tough, as it's not been a ?guaranteed issue? State. This indicates that people are not immediately in a position to purchase health care insurance. Rather, they must apply for and be medically underwritten for individual and family plans before receiving approval. This allows health insurance in California suppliers the facility to select only the most healthy of candidates, guaranteeing the most money coming in and the least amount going out. Nonetheless times are moving on, and will continue to do so. With the Medical Loss Ratio requirement and the shortly to be cover for all in the medical care insurance exchange, insurance corporations are having a look at a hit to their profits, and are busy getting ready to keep the losses to the minimum. Naturally, insurance firms always know how to make a buck and will find how to do that.

It is hoped that insurance corporations may continue to find ways to give back to consumers, even with these changes. Blue Shield Ca foundation is a shining example of the way insurance corporations should think and act. In future times health insurance in California will be hugely different but maybe profitable for all. It is time to think more of the purchaser than the base line.




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