Wellpoint's Piggish Profits Mean Patients Pay More, Says Ftcr
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Summary
SANTA MONICA, Calif., July 27 /U.S. Newswire/ -- WellPoint's huge profit increase reported today provides additional urgency to investigations under way by California regulators to determine whether WellPoint's California company, Blue Cross, broke promises to not pass on merger related expenses to patients, according to the Foundation for Taxpayer and Consumer Rights (FTCR).
Last week, FTCR launched a new Internet campaign complete with flash video animation targeting excessive health insurance costs in the wake of WellPoint's merger with Anthem which awarded top executives hundreds of millions of dollars in bonuses. To watch the animation visit: http://www.consumerwatchdog.org/healthcare/ PigPeople.See the full content of this document
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Wellpoint's Piggish Profits Mean Patients Pay More, Says Ftcr
"WellPoint and Blue Cross of California are piggish insurers that divert huge amounts of money to overhead and profit, leaving patien...
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