“Insurer’s enormous cash surpluses prompt calls for rebates or community spending”
“The non-profit insurers have large reserves and the for-profit insurers report larger than necessary reserves as well: Colorado’s for-profit health insurers also are doing well, and the state is required to take their profits into account when approving rate increases. UnitedHealthcare reported a capital reserve of 413 percent at the end of 2009, Anthem had 449 percent of the minimum, and HMO Colorado had 578 percent. Health Care for America Now, a pro-reform group in Washington, said the five biggest commercial insurers saw profits climb 17 percent in 2010 to $11.7 billion.”
So how do we interpret these facts?
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Anne,
How do we interpret those facts? Please help us all with making sense of it. I want to know what you make of it.
Melanie Mulhall