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Why Premium Increases for Blue Cross and Blue Shield 65
A public explainer notes that Medicare deductibles and co payments rose sharply in 1982 and how Blue Cross and Blue Shield 65 must raise premiums to cover higher benefits. It cites regulatory delays since 1977, reserve declines from 108 million to 43 million, and efforts in cost containment while urging member support and broader industry action.
MENTIONED IN THIS ARTICLE
Blue Cross
Blue Shield
Blue Cross 65
Blue Shield 65
Illinois
Department of Insurance