Looks like yet another carrier has surged ahead as the latest public punching bag. Problem is that once again, the mainstream media hasn't let the facts get in the way of a good lynching.
Not that the hypocrites on Capitol Hill are about to be outdone, since they've decided to call WellPoint execs to Capitol Hill to testify before Rep. Henry Waxman's version of the McCarthy hearings. But instead of Commie Reds, they're hoping to root out the Anthem Blues. You know the kind: those evil, money-grubbing, heartless insurance carriers who (gasp) try to make a buck.
I'm sure you know the story by now – back in November, the Indianapolis-based carrier filed a rate increase proposal for its California Anthem subsidiary. The worst-case scenario pointed to premium jumps as high as 39 percent. After mulling it over for three months, the media went nuts. And, of course, those Pavlovian politicians followed suit.
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