Well, sh*t, Insurance Giants…

May 20, 2011 at 2:01 PM (Uncategorized) (, , )

16.1 percent increase in equity?  *Before* the next round of rate hikin’?

Wendell Potter, who has seen the light thinks you’ve messed up.

FWIW I agree with him.

And there may be an attempt to review rates…to establish oh, horror, some minor, tiny step towards regulation…

It’s nice to think the insurance lobby won’t produce another win, and this may be the beginning of some attempt at price controls…so when you get sick you don’t have to decide…how long can I hold out…

We’ll see.

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