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Less care for Americans, higher profits for insurers

The New York Times is reporting that large U.S. health insurers are seeing record profits for the third year in a row, due in large part to Americans who are postponing or forgoing care.

By Ginny Kipling | Updated on May 16, 2011

The New York Times is reporting that large U.S. health insurers are seeing record profits for the third year in a row, due in large part to Americans who are postponing or forgoing care.

As Americans remain wary of economic recovery, they have become more discerning about going to the doctor or scheduling needed health care.

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