Health and Human Services Secretary Kathleen Sebelius asked the Insurance Executives to make transparency, the key strength of their companies, in order to look for higher premiums in the ongoing scenario, where strapping increase in the rates are being witnessed from California to the East Coast.
"The top five largest for-profit insurance companies filed earnings of $12.2 Billion last year while dropping coverage for 2.7 Million Americans", Sebelius said.
It appears to be quite significant to the Americans who are scared that they might be evaluated out of the market. The CEOs of the prominent incorporations like the UnitedHealth Group Inc., WellPoint Inc., Aetna Inc., Health Care Service Corp. and Cigna Corp. and the officials from the National Association of Insurance Commissioners were present in the meeting with Sebelius at the White House.
The meeting also had the privilege of President Obama, who came to the meeting just for a while, to hand the insurance executives a letter from Natoma Canfield, one of the survivors of cancer from Medina, Ohio, who was facing an increase of 40% health premium this yea
As the inclusive health care legislation strives on Capitol Hill, attempts are being made by the White House grab to the attention of the public on the highly increasing insurance premium, being publicized from Connecticut to California.
