NU Online News Service, Nov. 10, 2003, 4:28 p.m. EST – Blue Cross and Blue Shield of Massachusetts, Boston, says it will try to boost the Bay State job market by cutting its targeted 2004 operating profit to 1%, from 2% this year.
Massachusetts Blue says the reduction will let it hold rate increases to less than 10% for more than half of the small groups that renew policies during the first quarter of 2004.