As California families continue to reel from the most severe economic downturn since the Great Depression, health insurance premium rates have soared by 153% since 2002, nearly five times the rate of inflation.
Businesses are finding it difficult to pay for these rate hikes, and pass the increased costs on to workers. Business owners and employees are forced to absorb these rising costs or search for less expensive ? and less comprehensive ? coverage options.
It's unconscionable that insurance companies continue to impose double-digit premium hikes on America's families and businesses to pay for their excess profits and financial shell games at a time when consumers and employers are str... Read Post
Saudi Arabia is risking the economic health of weaker oil producing nations in its fight to see off the threat of the US shale boom. Oil prices have fallen by over 30% since June and appear to be continuing their decline. The collap... Read Post