Increases In Annual Insurance Premiums, Health Care Premium Hike | featured news

Consumer group: Insurers kept surplus while hiking premiums

Consumer group: Insurers kept surplus while hiking premiums

Non-profit Blue Cross and Blue Shield health plans stockpiled billions of dollars during the past decade, yet continued to hit consumers with double-digit premium increases, Consumers Union found in an analysis of 10 of the plans' finances.

 

Health Insurance Executive Defends Premiums

Health Insurance Executive Defends Premiums

Angela F. Braly, president of WellPoint, told a House panel that higher premiums were justified by soaring costs.

 

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