Lately we've been covering health care and health insurance reform here on the Weekly News Roundup, but this week we're going to take a different track, which might yet show another argument for reform in a roundabout way. An article from the Los Angeles times entitled, "Anthem's parent company defends health insurance rate hike" is the focus of our roundup today. The uproar over Wellpoint and Anthem Blue Cross of California raising their rates by up to thirty-nine percent for their individual health insurance premiums starting March 1st of this year has been dwarfing news of health care reform lately, so let's take a look.
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Radical Measures to Save Money on Health Care
One of the big parts of the debate over health insurance and health care reform is the high cost of health care, medicine and so on. In their recent spate of rate increases, Wellpoint blamed the high cost of health care as the primary reasons why their rates are increasing as much as thirty-nine percent. Part of this equation is the medicine that goes into health care, and is a large part of the costs of health care that are trying to be brought down. While it's difficult to convince drug companies to reduce their costs -- since they do make so much money, it's understandable -- the Governor of Montana has an idea that might help…get drugs from Canada.