In poor economy, health insurers are raising rates?
"Bleak Economy Pushing Health Insurers to Raise Rates, Analysts Say"Skip to next paragraph
Joshua has been managing money for high net worth clients, charitable foundations, corporations and retirement plans for more than a decade.
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This morning we got the first drop in core CPI since 1982. Everything costs less than what it did last year, from clothing to groceries.
As it should in light of the fact that 18 out of 100 people are underemployed.
These inherently evil companies need to cut their own costs (like salaries), not raise the price on consumers who were already struggling to pay health insurance premiums in boom times.
I can only hope that interstate competition is opened up soon; if these pigs truly want a "free market", let 'em fight it out like the rest of us. That's the only way we'll ever get rational pricing.
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