Michael Johnson November 23, 2015 Nonprofit Blue Shield of CA reaps biggest Obamacare profit of any US insurer Michael Johnson November 23, 2015 The most profitable Obamacare insurer in 2014 was a nonprofit health plan--Blue Shield of California.
Michael Johnson November 12, 2015 Regulator approval of Blue Shield bid to privatize nonprofit assets could cost public $11 billion Michael Johnson November 12, 2015 The ruling by California’s health plan regulator that Blue Shield has no charitable trust obligation frees the nonprofit insurer to disregard the public good and privatizes its billions in assets.