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Saturday, May 14, 2011
SHAME ON THE USA
The health insurance industry is raking in profits on the backs of consumers who are increasingly forgoing medical care due to economic concerns, though that hasn’t stopped big insurers from drastically raising premiums. The trend is not new: The per-employee cost of PPO coverage for a family of four has doubled since 2002. Meanwhile, about 15 percent of Americans don’t have health insurance at all. As lawmakers, lobbyists and lawyers continue to squabble about health care reform, Americans are suffering and insurers are sucking them dry.
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