Blue Shield axes Realtors Health Insurance

As if California Real Estate agents don’t have enough bad news these days, now many of them will be joining the ranks of those in California without health insurance. According to an AP report, a judge has ruled that Blue Shield could cancel coverage for members of the California Association of Realtors because the group’s enrollment fell below a threshold required under its contract with the health care provider. Los Angeles Superior Court Judge John Shepard Wiley Jr. declined a request to stop cancellation of the coverage for about 8,000 members and their families. Blue Shield claimed the ruling affirmed it had acted fairly. “The California Association of Realtors simply didn’t meet its contractual obligations,” said Seth Jacobs, Blue Shield’s general counsel.