Wednesday, December 16, 2009

Blue Shield of California gets tough over late payments

LA Times:

The health insurer will end an additional 15-day grace period but keep its 28-day reprieve.


Those who miss a payment risk an immediate loss of coverage.

Amid a national debate on how to make the healthcare system friendlier and more accessible, and as millions of people grapple with the loss of jobs and homes, what does insurance heavyweight Blue Shield of California do?It decides to take a key benefit away.The company has notified individual policyholders that their coverage could be immediately dropped if they miss a single payment -- or so it seems. Blue Shield says in a letter to customers that they can reapply for insurance, but with potentially higher premiums and stricter conditions.




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