The WellPoint insurance predicament in California provides a preview of what is to come as the Obama health care plan rolls out.

It is clear that President Obama cannot keep his promise that Americans could keep their health insurance plans and doctors, and Americans will ultimately be left with less choice.

Leonard D. Schaeffer, CEO of WellPoint Health Networks,addresses thefactors involved rising Medicare and Medicaid costs and ways to improve health care efficiency.

Leonard D. Schaeffer, chairman and CEO of WellPoint Health Networks and first administrator of the Centers for Medicare and Medicaid Services (CMS, formerly the Health Care Financing Administration), will discuss initiatives by leading health plans to improve the efficiency and quality of health care. The United States spends billions of...

Leonard D. Schaeffer, chairman and CEO of WellPoint Health Networks and first administrator of the Centers for Medicare and Medicaid Services (CMS, formerly the Health Care Financing Administration), will discuss initiatives by leading health plans to improve the efficiency and quality of health care. The United States spends billions of...

President Obama knows better than his demagoguery suggests when it comes to the insurance industry.

Under ObamaCare, it will be not only the rich that President Obama singles out, but also families who are considered middle class.

A public health care plan would have certain advantages. That's precisely the problem.