Posts Tagged "wellpoint insurance"

WellPoint Takes Heat Over Rates

Posted on Feb 22, 2010 in Uncategorized

By LAURA MECKLER WASHINGTON—The Obama administration is seizing on a big health-insurance rate increase by WellPoint Inc. in California as fresh evidence of the need for action as it tries to resuscitate its health-care legislation. WellPoint, the country’s largest insurer by number of members, responded Thursday to repeated criticism with a letter blaming the 39% increase in the individual market on the economy and rising health costs. Health and Human Services Secretary Kathleen Sebelius hit back with a statement saying she wasn’t satisfied. All week, Democrats from President...

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