Anthem Blue Cross business model doomed in failing economy

 

Last updated 2/25/2010 at Noon



Anthem Blue Cross of California announced that individual policy holders will see whopping rate hikes of up to 39%. This appears as a big win for Anthem, and is sure to open the spigot of payoff money to GOP congressmen and politicians.

Anthem justified its action as a business decision: “A higher proportion of healthy individuals are choosing not to enroll, leaving an insured pool that utilizes significantly more services.” Translation: “We are left no choice but to squeeze more money out of the remaining desperate, less healthy or older policyholders.”

Anthem’s business model...



For access to this article please sign in or subscribe.

 

Reader Comments(0)

 
 

Our Family of Publications Includes:

Valleynews
Anzavalley
Reedermedia Logo

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2023