WHEN WALL STREET LIKES HEALTH INSURERS

Higher premiums and cost sharing yields big profits for private health insurance companies. This is according to whistle blower Wendell Potter. His commentary "Consumers getting 'skinned' by health insurers" was posted by Public Integrity on 3-16-15. Potter explains that Wall Street prefers Americans have more "skin in the game" to control costs. To satisfy Wall Street, insurers shift more health costs to customers. These large deductibles that form a barrier to care, also recently lifted stock prices of some health insurers to historic highs. LEARN MORE   

Posted on March 20, 2015 and filed under affordability, health insurance.