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Blue Cross Blue Shield proposes scaled-back 1% rate increase for small business plans

By MiBiz  
   April 06, 2023

Blue Cross Blue Shield of Michigan wants to scale back a planned rate increase for small businesses that renew their employee health policies in the latter half of the year. The state’s largest health insurer secured approval last year from regulators to increase small group rates by a statewide average of 5.3 percent for employers with a preferred-provider organization (PPO) plan.

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