Wellpoint Sues Maine to Guarantee Their Profits
Now, WellPoint's affiliate, Anthem Blue Cross and Blue Shield, is suing the state of Maine for refusing to guarantee it a profit margin in the midst of a painful recession.
Anthem Health Plans of Maine, a subsidiary of WellPoint, is suing the state because they want to increase premium rates by 18.5% on their 12,000 individual insurance policy holders, so they can guarantee themselves a 3% profit margin. This story shows how silly it would be to solely rely on regulation to rein in insurance industry practices.
Brave New Films has put together a video exposing the practices of Anthem and its parent company WellPoint. You can send your friends in Maine the news about this lawsuit, to highlight this practice. Maine Superior Court will consider this case on Wednesday.
Texas Lawmakers Who Voted Against The Recovery Act Now Beg For Stimulus Funds For NASA
Fox News tirelessly advanced false accusation that Jennings covered up "statutory rape"
Fox News and its websites Fox Nation and FoxNews.com repeatedly advanced the falsehood that Department of Education official Kevin Jennings, in the words of Fox News host Bill Hemmer, knew of a "statutory rape" and "never reported it."
