RFFM.ORG: Health Insurance Providers Push For Huge Premium Increases: Why Now? Is Health Care Reform Fix In?: "According to an article by Amy Goldstein of the Washington Post http://www.washingtonpost.com/wp-dyn/content/article/2010/02/18/AR2010021801345.html?hpid=topnews insurance companies who provide health care coverage for individuals have been pushing to levy huge premium increases on their customers in recent months. Goldstein reports 'Anthem Blue Cross Blue Shield of Maine is asking that state to approve a 23 percent rise in premiums for its individual-market customers, after state regulators slashed an 18 percent increase that the insurer requested in 2009.'
Even worse, FOX News reported on Thursday (Feb. 18, 2010) Anthem Blue Cross Blue Shield of California was seeking increases in premium rates as high as 39% for an individual health insurance policy. That company also backed off from its plan to single out individual policy holders for draconian hikes in prices due to public outrage.
President Barack Obama in his plan to reform the American health care system--which represents one-sixth of the nation's economy--from the beginning has attempted to demonize insurance companies. The question I have is: Why would firms, including Anthem Blue Cross Blue Shield of California, help give Obama ammunition in his fight to revive health care reform legislation which seemed to be dead on arrival?"
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