Democrats were extra proud when they put a requirement that insurance companies cover children with pre-existing conditions in their new health care law. Now, I bet the CEOs at the country’s largest for-profit insurance companies are even more proud of themselves for easily finding a way around this regulation: simply stop offering child-only policies. From [...]
|By: Jon Walker Tuesday September 21, 2010 6:31 pm|
|By: Jon Walker Thursday March 4, 2010 1:28 pm|
Today, HHS secretary Kathleen Sebelius met with the heads of the different private health insurance companies. The bigwigs had a message for the Obama Administration: Stop blaming the insurance companies for the high cost of health care. Ironically, in making their case, they delivered a powerful argument that a private health insurance system like ours [...]
|By: Jane Hamsher Thursday January 14, 2010 11:12 am|
I don’t know who thought that penalizing people 2% of their income if they refuse to buy the product of private insurance companies was a good idea. Maybe the same guy who thought NAFTA would be a winner for the Democrats in 1994.
|By: Jane Hamsher Friday November 13, 2009 7:36 am|
Goldman says the “bear case” scenario — in which earnings per share for the top five insurers would decline an estimated one percent from 2010 through 2019 and the variance with current valuation is projected to be negative 36 percent. If nothing is done, they estimate stock prices will increase 47%.
|By: Jon Walker Tuesday September 22, 2009 7:45 pm|
During a hearing Rep. Dennis Kucinich got a simple but powerful admission from top executives at the largest insurance companies in the country. Kucinich asked, “Do you believe that a health insurers refusal to pay for a patient’s cancer treatment can directly or indirectly cause harm or death to that patient?” In turn each of [...]