srajan - With all due respect, I am well aware of what Wellpoint premiums are and I see what they reimburse my doctor. I also have been inside their corporate headquarters for many years, and like others there, was enraptured by mgmt when WLP kept making profits hand over fist. But some mgmt was very cruel, and I saw employees had to take "mental" health leaves due to the games mgmt plays with peoples lives. There's nothing worse than a company that abuses not only their employees but also their customers. THAT is why I wish they rot.... I am sorry if you had stock and have taken losses...but you have known Healthcare was making huge profits from 2000 to 2005 while premiums were increasing like robbery. The Healthcare premiums became a bubble, and like housing, have to come down so people can afford them.
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srajan - With all due respect, I am well aware of what Wellpoint premiums are and I see what they reimburse my doctor. I also have been inside their corporate headquarters for many years, and like others there, was enraptured by mgmt when WLP kept making profits hand over fist. But some mgmt was very cruel, and I saw employees had to take "mental" health leaves due to the games mgmt plays with peoples lives. There's nothing worse than a company that abuses not only their employees but also their customers. THAT is why I wish they rot....
Mar 27 19:42 pm
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All Comments by loben »WellPoint Falls Hard; Valuation Looks Compelling [View article]
I am sorry if you had stock and have taken losses...but you have known Healthcare was making huge profits from 2000 to 2005 while premiums were increasing like robbery. The Healthcare premiums became a bubble, and like housing, have to come down so people can afford them.