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CareFirst's surprise birthday gift
CareFirst's surprise birthday gift

I got an unexpected present after turning 70 in December — a 35 percent premium increase on my Medigap insurance from CareFirst BlueCross BlueShield. The notice came with no explanation, and I can understand why. I'm on Medicare and I have no chronic illnesses so I bought a relatively cheap "gap" policy to cover the 20 percent of doctors bills that Medicare doesn't cover. I pay $40 a month and the first $2,700 or so in annual bills would be my problem. The bottom line is that I'm not costing my insurer anything. In addition, the D.C. subsidiary alone is sitting on a nearly $1 billion cash surplus. So why did they raise my monthly rate to $54 starting...