Lawmakers accuse WellPoint, parent company of Anthem Blue Cross, of profiteering
At a congressional hearing, Democrats say WellPoint has showered executives with perks as it seeks rate hikes of as much as 39% for California policyholders. Congressional Democrats on Wednesday accused the parent company of Anthem Blue Cross of putting profits ahead of policyholders, saying the giant insurer padded its proposed rates while lavishing generous salaries and benefits on top …
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