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Bloomberg Industry Group
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Health Insurers Break Profit Records as 2.7 Million Americans Lose Coverage
Health Care for American Now via Physicians for a National Health Program ![]() Feb. 17, 2010
Excerpt: The five largest U.S. health insurance companies sailed through the worst economic downturn since the Great Depression to set new industry profit records in 2009, a feat accomplished by leaving behind 2.7 million Americans who had been in private health plans. For customers who kept their benefits, the insurers raised rates and cost-sharing, and cut the share of premiums spent on medical care.
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