Douglass Says Health-Insurance Rate Hikes Exceed Costs: Video
Wednesday, March 10th, 2010
March 4 (Bloomberg) — Linda Douglass, a White House spokeswoman for health care, talks with Bloombergs Mark Crumpton and Julie Hyman about how legislation overhauling the U.S. health-care system would address increases in health-insurance rates.
President Barack Obama and U.S. Health and Human Services Secretary Kathleen Sebelius met with executives of the top health insurers after WellPoint Inc., the largest insurance company by membership, proposed a 39 percent rate increase for some policyholders in California. (Source: Bloomberg)
Duration : 0:3:57
Thousands of Hoosiers will soon see their health insurance rates jump by as much as 38%. State lawmakers asked pointed questions demanded answers during a hearing with WellPoint executives Wednesday.
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