Detailed text transcripts for TV channel - MSNBC - 20100225:06:21:00
Explanation from wellpoint about its plans to institute huge rate hikes, not merely in california, proposed 39% rate increase there, but also in at least ten other states where it has subsidiaries. chairman waxman of the house energy and commerce committee revealing that his investigators had found internal wellpoint documents which proved the company was raising premiums merely to pad its profits to a target of 7%. yesterday at a hearing in california a company executive having testified that the company had no interest in anything other than slimmer profits of 2% to 5%. you know, nothing at ...
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