Friday, February 12, 2010

2/12/10 HC Reform Update by Mark Sanna: Anthem Blue Cross, the California health insurance company that was criticized by the Obama administration for raising its premiums, said Thursday that the increases of up to 39% were driven by rising health care costs. But Kathleen Sebelius, the secretary of HHS, declared the explanation inadequate, especially in light of the profits made by Anthem’s parent company, WellPoint Inc.

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