A2: Blue Cross

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The Freep reports that Blue Cross Blue Shield of Michigan plans to cut jobs and ask the state to raise rates. The article quotes Joe Aoun, an Ann Arbor attorney who filed a lawsuit against rate hikes for the Blue Cross nongroup market. Says Aoun: ”The proposed rate increases are exorbitant particularly given the need of the people for affordable coverage and the fact that Blue Cross is sitting on more than a $2-billion surplus.” [Source]