Runs Health Industry 'Trade Association'; Gingrich not Lobby

His for-profit health care firm, the “Center for Health Transformation” (CHT) and his communications firm, the “Gingrich Group," serve lobbyists for health insurance (BlueCross BlueShield Association, WellPoint, AHIP, UnitedHealth), health IT (L-3 Enterprise, Microsoft, IBM),and pharma for $200,000/yr each. But Gingrich won't register as a lobbyist

continue reading

UnitedHealth, Humana Profit Threatened as Medicare Cuts Loom

Medicare may announce cuts of as much as 4 percent in government payments to U.S. health insurers for policies serving the elderly, threatening profit growth at UnitedHealth Group Inc., Humana Inc. and HealthSpring Inc.

continue reading

Insurance companies get rich as millions lose coverage

Are companies like WellPoint, UnitedHealth Group, Humana and Cigna trying to elbow the Wall Street banks out of the way to claim the mantle of America's Most Ignominious Industry? How else to explain that the nation's largest health insurers enjoyed combined profits of $12.2 billion last year, up 56 percent from 2008, even as they dropped 2.7 milli

continue reading

Health Insurers Funded Chamber Attack Ads

Yes, you can have it both ways -- Just as dealings with the Obama administration and congressional Democrats soured last summer, Aetna, Cigna, Humana, Kaiser Foundation Health Plans, UnitedHealth Group and Wellpoint began quietly pumping big money (10 million and $20 million) into third-party television ads aimed at killing health reform

continue reading