abc
QUICK LINKS:

Doctors Protest HMO Profits At Taxpayers' Expense

Updated: 03/09/2012 2:09 PM
Created: 05/08/2011 10:16 PM KSTP.com
By: Jay Kolls

Health care professionals are demanding the H-M-Os return 2.5-billion dollars in profits they've made running the state's public health care programs. Medica, Blue Cross/Blue Shield, HealthPartners and U-Care, collectively, have those reserves sitting in their bank accounts. Pharmacist, Joel Albers, is organizing the protest and he told 5 EYEWITNESS NEWS that it is immoral for the H-M-Os to make large profits and keep them when the state is considering cutting health care to the poor and disabled. The Minnesota Council of Health Plans is the lobbying arm of the HMOs. They issued a statement in previous months saying they already are audited and are working toward more transparency with the Legislature and Governor Dayton.


Minneapolis/St. Paul

Broken Clouds
70°
76° | 65°
  • Feels like: 70° F
  • Wind: ESE 13mph
  • Humidity: 78%
  • Sun Afternoon thunderstorms
    83° | 65°
  • Mon Morning showers and thunderstorms
    79° | 58°
  • Tue Times of sun and clouds
    81° | 62°
  • Wed Abundant sunshine
    83° | 63°

Video

KSTP NEWS