Tag:

Excessive Profits

Latest Headlines

Latest Headlines

CareFirst must reinvest $56M into community

CareFirst Blue Cross Blue Shield has amassed an "excessive" amount of money and should reinvest a portion of it back into the District of Columbia, where the nonprofit insurer is headquartered, according to a ruling from the D.C acting insurance commissioner.

Highmark's excess profits violate state law, lawsuit claims

A lawsuit alleging that Highmark makes excessive profits that violate Pennsylvania's nonprofit law can continue, a Philadelphia judge ruled.