Insurer Profits Are Up In The Wake Of Health Care Law They Opposed
by Alexander Eichler
1/6/12
Since insurance companies undertook extensive lobbying efforts against health care reform -- spending millions in an attempt to derail the legislation while it was still going through Congress, and allegedly instructing their own employees to launch letter-writing campaigns in protest -- they've actually been doing quite well since it passed.
Profits are up at some of the nation's largest insurers, including Aetna, WellPoint and UnitedHealth Group, according to an analysis by Bloomberg Government. That's the opposite of what the insurers themselves predicted would happen, and comes about mainly a result of the companies taking on more business through Medicare and Medicaid...
For the full article, go to:
http://www.huffingtonpost.com/2012/01/06/insurer-profits-health-care-reform_n_1190344.html
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