Major health insurance providers Aetna, WellPoint and UnitedHealth reported huge earnings this quarter, up significantly from the same quarter last year, all while the number of people actually receiving coverage for care is steadily decreasing.
Wow, times are really tough for health insurance companies! Take WellPoint Inc., for example, the big insurer that owns Anthem Blue Cross, which is planning double-digit rate hikes in California. WellPoint President Angela Braly explained to a House subcommittee Wednesday ... (continued)
As this commentary from the vigilant videographers over at Robert Greenwald’s Brave New Films outfit points out, Sen. Max Baucus’ health care reform bill definitely would serve the interests of at least some interested parties—namely, the health insurance companies themselves.