Health insurers take heat for rise in profits - latimes.com: "the five largest health insurance companies racked up combined profits ... up 56% over 2008, [and] covered 2.7 million fewer people than they did the year before.
The report released Thursday also said some of the five insurers cut the proportion of premiums they spent on their customers' medical care, committing relatively more to salaries, administrative expenses and profit."
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