Health Insurers Post Record Profits

In the midst of a deep economic recession, America's health insurance companies increased their profits by 56 percent in 2009, a year that saw 2.7 million people lose their private coverage. The nation's five largest for-profit insurers closed 2009 with a combined profit of $12.2 billion, according to a report by the advocacy group Health Care for American Now (HCAN). "The outsized earnings are a vivid reminder that without comprehensive national health care reform, the gatekeepers of our...Full Story
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