Health Insurance Industry Appears Recession Proof in Today’s Economy

     Despite a projected staffing shortage, recent news reports suggest that nursing jobs aren’t as recession proof as originally thought. Apparently, ladies and gentlemen, nurses are working on the wrong end of the health care spectrum. We should be working for health care insurance companies, like Anthem Blue Cross, who raised their premium costs 39%, despite a $2.7 billion profit in just the last quarter of 2009. Spokesmen for the company say the monetary figure is misleading, as it represents only a 4% profit increase. Well, I feel better about that, don’t you? Read on in today’s New York Times.

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