Thursday, May 5, 2011

Blue Cross, Blue Shield Getting Richer, Like Corporate Insurers

This report examines record profits for health insurance companies and also the tax break supported "non-profit" Blue Shield and Cross. Look at these numbers and see the fat layer of profits piled onto the US healthcare system. We pay the most and still have 51 million uninsured, while denying coverage drives the bottom line. We need to push very hard in the direction of a single-payer system, like what recently passed in Vermont, if we are ever to knock down healthcare costs and provide affordable care to all citizens.
http://www.prwatch.org/news/2011/05/10696/blue-cross-blue-shield-getting-richer-corporate-insurers

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