Blue Shield of California loses non-profit status

The LA Times is reporting that Blue Shield, the state’s third-largest health insurer, has been stripped of its state non-profit status. State officials have not commented on the reasons for the decision, but the Times suggests it may have to do with the company’s billions in reserves, high executive compensation, and political spending.

Should your treatment contract have an arbitration clause?

By English: Pfc. Franklin E. Mercado [Public domain], via Wikimedia CommonsAs I often tell my students, a client can sue their psychotherapist for anything. It doesn’t mean the client will win, but they can sue. Even if you as the therapist have done everything right, staring down a lawsuit can be incredibly stressful and time-consuming. It’s little wonder that health care professionals would want to find any way possible to avoid that risk.

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