Published in Hospital Business Week, May 9th, 2004
But the state's largest health insurance company said on April 15, 2004, that premiums still must be priced appropriately to meet expenses. "We feel that is what is required for us to keep the company strong and meet the needs of our members going forward," said Michael Morrow, Blue Cross senior vice president and chief executive of its Blue Plus health maintenance organization.
The insurer also said its financial reserves are above the maximum only...
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