Misplaced Priority Over Health Profits
Last December, Blue Cross cut physician fees an average of 6%, the fourth fee cut in five years.
Last month, Blue Cross, or WellPoint Health Networks Inc., announced an increase in third-quarter profit [“WellPoint Profit Rises 20% on Cost Control,” Oct. 29]. Share prices rose $9.69. An owner of 215 shares of WellPoint stock made as much in a single day ($2,075) as Blue Cross determines an obstetrician is worth for caring for a pregnant woman and her baby for 10 months (prenatal, delivery and postpartum).
DR. NANETTE WUCHENICH
Obstetrician-gynecologist
Redlands
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