More on Wellpoint's "explanation" for rate increases
Documents Reveal Anthem Blue Cross's California Rate Hike Purely Profit-Driven.
Internal documents obtained by a powerful Democratic lawmaker show one of the country's largest for-profit health insurer spent tens of millions of dollars on corporate retreats, doled out seven-figure salaries to more than three dozen corporate executives, dropped its sickest policy holders and planned to increase rates on individual premiums in California by as much as 39 percent, all in an effort to further boost profits...