Looks like Obama totally and completely misread the intentions of the health insurance profitability industry’s complete and utter lack of compassion for the individuals they mine currency from. They’re going to cut all individual insurance coverage to children.

Everyone loves to pick on the Affordable Care Act (ACA), and well they should, having been written by and for the health care industry. We must keep the pressure up on the health care industry as long as its fiduciary responsibility to investors requires finding ways to avoid caring for the sick while sucking billions out of taxpayers’ pockets.

On Friday afternoon May 21, WellPoint released the official tally for the voting from their contentions annual shareholders meeting on the 18th. Our resolution to return Wellpoint to non-profit status received over 30 million votes, 9.4% of the shares voted. That is a jaw dropping vote of no confidence in the management of this company. But the story isn’t over yet. Our shareholder resolution for WellPoint to return to its non-profit Blue Cross roots will be back next year. And the SEC has proposed a new regulation that would allow shareholders to directly nominate corporate board members called “Proxy Access.” If this goes into effect this fall as expected, I intend to run for the WellPoint board.

I have finally figured out how to get Obama to stop listening to all the people who are leading him down the wrong path.

The piece of information missing from the news that Anthem (owned by Wellpoint) withdrew its 39% rate increase in California was that Wellpoint lied about its numbers.

by Lindsay Beyerstein, Media Consortium blogger

Fifty years ago, the Food and Drug Administration approved the first birth control pill. Needless to say, the repercussions of this medical and public policy breakthrough are still being felt today.

Just a handy reminder that they cannot be trusted.

Back in 2007, the nation’s largest health insurer, WellPoint, pledged to spend $30 million over three years as part of a “comprehensive plan to help address the growing ranks of the uninsured.”

Three years later, they’ve only spent $6.2 million on their “comprehensive plan.”

A short film on the 2.17.10 demonstration at Anthem Blue Cross’ downtown L.A. offices.

So, Evan Bayh reached out to Uncle Howard Fineman in Argentina to correct several media myths about his retirement, and Uncle Howard obliged.