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To: Elroy Jetson who wrote (241781)3/22/2010 6:26:46 PM
From: Broken_ClockRespond to of 306849
 
A number of people in California "economize" by dropping their health insurance coverage in the current recession, and as a result Anthem Blue Cross needs to raise rates by 40%, on top of last year's 16% increase.

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lol. When Obama's "health reform" czar ran Aetna or (whatever it was) he dropped something like 5,000,000 "high risk" enrollees. Now that is 'economizing'



To: Elroy Jetson who wrote (241781)3/22/2010 6:30:20 PM
From: Skeeter BugRespond to of 306849
 
Elroy, the increasing margins (decrease in premiums actually spent on health care) and the multi-million dollar management retreats and the $10 million in annual CO compensation and millions for others have no impact on increasing prices, either. health care company stock prices are skyrocketing because the premiums paid by these uninsured people will go directly to lower the costs of other subscribers, right?

if you ran one of these companies, why would you not dramatically continue to raise rates over the next few years and pocket more pay, bonuses and increased margins and stock prices?