Friday, August 13, 2010

The Rich Get Richer

The LA Times reports that several consumer groups are pressing for an investigation of health insurers' spending on medical care, claiming that medical-related expenses have decreased while premiums have increased. The new health reform law, starting next year, insurers have to spend 80-85% of premium dollars on health care. These consumer groups argue that the insurance companies are taking one last shot at reaping profits before that part of the law kicks in. Jennifer

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