Health Insurance Companies are not the problem, only a 'Watch the birdie!" prop for the White House Thugs.
Don't overlook the FACT that the drug companies gave the Obama thugs $150,000,000 to leave them alone ... and it worked! ((http://www.huffingtonpost.com/2009/08/09/flashback-obama-promises_n_254833.html)
Nobody seems to remember Obama saying he was going after the drug companies.
Newport News, VA 4OCT2008: "And then we'll tell the pharmaceutical companies, 'Thanks but no thanks for overpriced drugs'. Drugs that cost twice as much here as they do in Europe and Canada and Mexico. We'll let Medicare negotiate for lower prices. We'll stop drug companies from blocking generic drugs that are just as effective and far less expensive. We'll allow the safe reimportation of low-cost drugs from countries like Canada."
Anybody seem any of that happening?
Health insurance only reflects the high cost of medical care in the US.
Medical "corporations", doctors, and the pharmaceutical industry continue to raise their sky high rates and fees free from any government restrain.
Health Insurance companies are subject to state regulators, whenever a state feels like enforcing its own rules.
California's WellPoint example: (the hidden part)
"Wellpoint's rate hikes are the direct result of the Golden State's insurance regulations—the kind that Democrats want to impose on all 50 states. Under federal Cobra rules, the unemployed are allowed to keep their job-related health benefits for 18 to 36 months. California then goes further and bars Anthem from dropping these customers even after they have exhausted Cobra. California also caps what Anthem can charge these post-Cobra customers."
"This explains why Anthem lost $58 million in California on its post-Cobra customers in 2009."
"Anthem last year hired an independent actuarial firm that found its rates sound and necessary. The company presented its findings to California insurance commissioner Steve Poizner last November, who had a month to review the proposed increases and never objected. But recently amid the White House campaign, Mr. Poizner has joined the chorus claiming to be "skeptical" of the increases and demanding that Anthem postpone them while he conducts a review. Anthem has done so."(1)
AND THIS: July 2007 (You tell 'em, Cindy!)
"Anthem Blue Cross will pay $10 million and reinstate coverage for 1,770 enrollees while Blue Shield of California will pay $3 million and reinstate coverage for 450 enrollees. Both insurers will also reimburse policyholders for any outstanding medical debts that resulted from loss of insurance.
"This fine sends the message that if you come into California to sell health insurance, you must play by the rules," said Cindy Ehnes, the director of the state's Department of Managed Health Care."(2)