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Of decades ago i would have expected him to talk about the capitalist hyenas out there, all of these abstractions so he's moved it down to the banks and wall street. and the real point is this is the community organized. >> paul: this is what he really believes. >> exactly. >> paul: that the other side is the enemy. >> i think of significant goreney weaver in the alien. and the chest comes out and-- >> the president attacked the reform and attacked well point, an insurance company by name and got health care reform. how is it not working for him? it is working. >> that's right. their argument ...

6.upon 1 struck by ambon land. indonesia is one of the world's earthquake-prone nation. >> government is dropping on wells point to drop stopping breast cancer patients. they call the practice deplorable. well point is using a computer program that singles out breaster patient and drops their coverage. >> happy birthday to the hubble telescope. 20 years ago today the hubble telescope blasted into space. >> i wanted to work on hubble when i was a kid. >> you could do that in >> no. >> hubble has provided us with a fascinating window to the universe . studied more than 30,000 stars and galaxies ...

Thrust by making things difficult for the consumer or the doctors. another way would be to simply take advantage of what the health care bill fails to do. for example, adults with preexisting conditions do not get mandated coverage until 2014. until 2014, there is no prohib igs on companies raising premiums at outrageous rates. aetna and cigna. well point is trying to meet new laws about the ratio of your money that goes to your care, joining me now as promised former head of public relations for cigna, currently the senior fellow on health care for the center for media and democracy, weeke we...

We need to keep on eye on how they're going to manage operating under the new requirement they have to spend so much of premiums on medical care. already we're seeing one of the biggest, in fact the biggest, well point, trying to reclassify its expenses and move them over into the medical care side so that its medical loss ratio looks like it's better and more in compliance with the law. they're simply moving some expenses from one place to another, almost like lawyers do -- bankers do -- when they're shifting bad loans from one place to another to hide it from regulators. >> yeah. you know on...

Already factored in probable outcome of legislation, nothing more than that. it was step graphed for some time. >> you're worried, right? >> we're a health service company so what we do for employers are health improvement and productivity improvement will still thrive even in this marketplace and it might grow because employers will seek ways to reduce costs. >> are rate hikes inevitable? >> near term the laws did not to reduce the cost. aspects of it increased it, it expand access but did nothing to reduce costs and will drive costs higher for insured lives the next three to five years. >> c...