November 25, 2008 <br /> <br /> <p>CareFirst BlueCross BlueShield<br /> 840 First Street, N.E.<br /> Washington, D.C. 20065</p> <p>Dear CareFirst,</p> <p>It is my understanding that you are a non-profit organization. You recently sat on a $754 Million surplus on $2 Billion in revenues. Many would call that a 37.7% profit. With that in mind, I'd like an explanation for why I am seeing a 17% rate increase beginning on January 1, 2009 from $xxx/month to $xxx/month.</p> <p>Sincerely,</p> <p>Ryan Sandridge</p> 2008-11-24T19:56:35-05:00 104 2008-11-24T19:57:44-05:00