Friday, December 04, 2009

Private health insurers are on your side

They are, really: if you want to pay them a lot of money.

Aetna announced that it was increasing premiums in 2010 to drive away 600-650,000 customers so as to increase its profit margin. It did the same thing earlier in the decade, cutting the number of its customers from 21 to 13 million and increasing its profit margin from 4% to more than 7%.

Got Aetna? Get ready for change you can believe in, courtesy of the that old free market magic.


1 comment:

The Curmudgeon said...

What do they teach in MBA schools anyway?