Health Ins. Profits up 428%! 8 Double-Digit Premium Increases in 10 Years

Originally posted by Benevolent Heretic

There is a health insurance company in Maine that has a monopoly on the health insurance business in the state. Over the past 10 years, they have had 10 premium increases, 8 of them being double digit increases and some over 20%! And now they want to raise them again, but the state said "Enough"! So, now, they're suing the state!

So giving the federal government a monopoly will some how fix this?

Originally posted by radio_for_peace
So giving the federal government a monopoly will some how fix this?

Um, no. I'm not suggest the government have a monopoly, either. But I would like to see them give the American people an OPTION to buy our health insurance from the corporations or from the government.