Blue Shield of California

High Surpluses by Oregon Insurers Won't Impact Tax Status

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As nonprofit health plans draw scrutiny for excess reserves nationwide, Oregon sees little effort to rein in surpluses, while Blue Shield of California has challenged the state’s decision to revoke its tax-exempt status.

As states try to rein in hikes to private health insurance rates, there’s growing scrutiny nationwide on nonprofit insurance companies – and whether they deserve the tax breaks that come with nonprofit status.

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