Calif News:"VSP to add 400 jobs after favorable state ruling"

[aquahmonk]

http://www.sacbee.com/2012/10/31/495...favorable.html

"The state agreed to rewrite the rules governing California's fledgling online insurance market, a crucial piece of President Barack Obama's overhaul of the health care system.

The revision gives companies like VSP – which insure eye care only – much greater access to sell coverage in the online market. VSP and other eye-care insurers can now take aim at the full range of Californians who will buy coverage through the market, which begins operations in January 2014."

Read more here: http://www.sacbee.com/2012/10/31/495...#storylink=cpy

[sharpstick777]

What that means if for the first time people can see how worthless VSP coverage actually is...

[Java99]

Thanks for posting. Was wondering what the re-vote result would be.

[Browman]

What that means if for the first time people can see how worthless VSP coverage actually is...

Depends on the coverage.

[sharpstick777]

Depends on the coverage.

An insurance audit by the state of Washington found that VSP had the lowest net return (highest profits) of ANY insurance co. providing services here, in any form of insurance.