Obama Turns Up Heat on Insurance Companies

The Obama administration is putting the heat on insurance companies, accusing them of putting profits ahead of health care. Obama has a simple idea: to keep health care premiums down, he wants the federal government to have the power to block rate hikes. "These profits are wildly excessive," said Health and Human Services Secretary Kathleen Sebelius recently. "[They] are way over anybody's estimate." Republicans – and many health experts – say you can't do much to keep premiums down unless...Full Story
Commenting on this article is closed.