Well, ain’t that a freaking coincidence? And Wellpoint just increased
its rate in California by ~35%. Well, ain’t that just peachy?
27
Jan
{OT:} Evan Bayh's wife works for Wellpoint – Blue Cross
"edspyhill01" <edspyhil…@gmail.com> wrote in message
news:c59ac014-d1a8-42df-b804-e32f07d8a7d9@o8g2000vbm.googlegroups.com…
On Feb 17, 5:23 pm, edspyhill01 <edspyhil…@gmail.com> wrote:
> Well, ain’t that a freaking coincidence? And Wellpoint just increased
> its rate in California by ~35%. Well, ain’t that just peachy?
Oh, and Wellpoint is being investigated by Congress. Whoops!
<JS>
They’re being investigated for the 39% rate increase after coming off of a
2009Q4 profit of $2.4B.
Just to dot the I’s and cross the T’s, WellPoint is known as Anthem Blue
Cross in California.
The rate hike is on hold while Congress looks them over …
</JS>
How does Blue Cross, a "non-profit" corporation, earn a profit?
"Jeff Strickland" <crwlrj…@yahoo.com> wrote in message
news:hlhtj0$sb3$1@news.eternal-september.org…
- Hide quoted text — Show quoted text -
> "edspyhill01" <edspyhil…@gmail.com> wrote in message
> news:c59ac014-d1a8-42df-b804-e32f07d8a7d9@o8g2000vbm.googlegroups.com…
> On Feb 17, 5:23 pm, edspyhill01 <edspyhil…@gmail.com> wrote:
>> Well, ain’t that a freaking coincidence? And Wellpoint just increased
>> its rate in California by ~35%. Well, ain’t that just peachy?
> Oh, and Wellpoint is being investigated by Congress. Whoops!
> <JS>
> They’re being investigated for the 39% rate increase after coming off of a
> 2009Q4 profit of $2.4B.
> Just to dot the I’s and cross the T’s, WellPoint is known as Anthem Blue
> Cross in California.
> The rate hike is on hold while Congress looks them over …
> </JS>