Health Insurers Make Huge Profits While Many Americans Postpone Care

health-insurance

Health insurers propose double-digit increases in their rates, citing a need for protection against any sudden uptick in demand once people have more money to spend on their health.

Major health insurers in the U.S. are heading into a third year of record profits.  Their earnings have been enriched in recent months by a lingering recessionary mind-set among Americans.  Many who are postponing or forgoing medical care.

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