Los Angeles Times, May 10, 2010

A war of words between President Obama and health insurers escalated as WellPoint Inc. found itself under renewed attack for raising rates and canceling insurance policies of sick patients. President Obama raised the issues as part of his weekly radio address, saying, "For too long, we have been held hostage to an insurance industry that jacks up premiums and drops coverage as they please. But those days are finally coming to an end." In a letter addressed directly to Obama, WellPoint Chief Executive Angela Braly noted that policy changes were underway nationwide, and she called on him to stop his attacks on the industry.

Facebook icon
LinkedIn icon
Twitter icon