Blue Shield Pays $2M To Settle Policy Rescission Action

By Allison Grande (January 4, 2012, 7:12 PM EST) -- Blue Shield of California has agreed to pay $2 million to resolve the Los Angeles city attorney's claims that the insurer unlawfully rescinded health care coverage for more than 850 policyholders who received expensive medical procedures, the regulator's office announced last week....

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