Feb 16
You don’t want to get into one of those… believe me!
In statements and letters, Anthem and WellPoint have explained what the industry calls a recessionary death spiral: as unemployment and declining wages prompt healthy people to drop their insurance, the remaining risk pool becomes sicker and more expensive to insure, which in turn forces up prices and pushes more people out of the market.
I’m sure that Anthem is screwing its customers as much as it can get away with. But the ONLY reason that happens is that California and the Federal Government have driven out most insurers from California.
If Anthem is screwing you, switch. Ooops… nobody home? Well, bitch to California, not to a business trying to earn a buck.