How Much is Too Much Ado About Nothing Much??
Consumers’ Union recently published a report entitled “How Much is Too Much?”
I’ve read the CU report carefully. I think it’s much ado about nothing much.
The CU report questions the surplus accumulated by not-for–profit Blue Cross and Blue Shield plans (“Plans”). CU clearly believes it’s a good idea to drain this surplus down to some level much closer to the minimum amounts regulators thought was necessary 20 years ago. CU does not suggest what level of surplus may be the right amount. But it is apparently convinced that the present surpluses are too high. CU Read more…
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