Airing on Monday, July 6, 2015: An audit of Blue Shield of California faulted the nonprofit health insurer for amassing a $4 billion surplus while failing to offer more affordable rates. The audit, the details of which were reported in the Los Angeles Times, was one reason California revoked Blue Shield’s tax exemption. It raises the question of how big health insurers ended up with nonprofit status in the first place, and what does that mean for customers today? Next: China’s markets have become so frothy that the government has tried to calm them. We explore China's manipulation of its markets.
Airing on Monday, July 6, 2015: An audit of Blue Shield of California faulted the nonprofit health insurer for amassing a $4 billion surplus while failing to offer more affordable rates. The audit, the details of which were reported in the Los Angeles Times, was one reason California revoked Blue Shield’s tax exemption. It raises the question of how big health insurers ended up with nonprofit status in the first place, and what does that mean for customers today? Next: China’s markets have become so frothy that the government has tried to calm them. We explore China’s manipulation of its markets.
