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Today in Labor History

Feb. 12, 1818: Abolitionist Frederick Douglass born into slavery near Easton, Md.

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Hall: WV Legislature Sides With Corporate Interests Over Workers
Workers at California Flour Plant Join Teamsters Local 166
Listen to Teamster Nation News for Feb. 10-16
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Stringer Truck Training For Pipeline Projects In South Dakota
BLET Petitions FRA To Halt LEADER, Trip Optimizer Technology
Phoenix Teamsters Extend Unfair Labor Practice Strike to Southern California
Hall: 'Our Fight in West Virginia Is Not Over'
 
     
Health Insurers Threaten to Increase Premiums, Even as Profits Soar
Posted On: Mar 26, 2013

Mar. 25, 2013 | HEALTH CARE | Some of the nations largest health insurance companies are warning investors that they'll raise insurance premiums by as much as 116% next year, as the coverage expansion provisions in the Affordable Care Act go into effect and millions of uninsured Americans begin purchasing coverage. The threats of premium increases come as the industry is experiencing record profits are are part of the well-coordinated publicity campaign to alarm Americans about the cost of coverage, while downplaying mechanisms in the law that will cushion them from rate shock…Insurers have long complained that the law's more rigorous standards would raise prices, although since the [ACA] was signed into law, national health expenditures have decreased…Continue reading at Think Progress


 
 
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