LANSING, Mich. (AP) - Blue Cross Blue Shield of Michigan wants
permission to quickly raise rates for about 400,000 of its health
insurance customers.
The company said Friday it is seeking interim rate increases on
policies bought by people who typically aren't covered by employer
or government plans. The interim rates would be in place until
state regulators decide a more permanent rate increase request
filed by Blue Cross earlier this year.
The proposed interim rate increases range from nearly 29 percent
to 44 percent. Those rates are lower than the 31 percent to 56
percent increases sought in the filing earlier this year.
It's possible the request for lower interim rates could factor
into deciding the longer-term rate requests now pending before
state regulators.
(Copyright 2009 by The Associated Press. All Rights Reserved.)
