Tuesday, May 5, 2009

Wellpoint Enrollment Down

Feeling the impact of the financial crisis,health insurer Wellpoint's enrollment was 34.6 million at the end of Q1-down 2.3% as companies cut health benefits for their employees.CEO Angela Braly says we're just now getting into the health care discussion.We know the Obama administration has been very interested in listening.Of those who are uninsured,25% are eligible for government programs;25% can afford their own insurance;we need a bridge for the rest,so they can get the coverage they need,Ms.Braly believes.Wellpoint is America's largest private health insurer,covering one in nine citizens through its Blue Cross plans.It is a holding of Warren Buffett's Berkshire Hathaway.

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