In its assaults on a Democratic health care overhaul bill, the insurance industry uses facts selectively and mixes accurate assertions with misleading spin and an embrace of worst-case scenarios.
…
PricewaterhouseCoopers, the financial analysis firm the insurance industry commissioned to write the report, issued a statement this week noting it had been asked to only focus on four aspects of the bill: its weak enforcement mechanisms for the requirement that everyone buys insurance, an excise tax on expensive insurance policies, cuts in overall Medicare spending and fees on health care providers.
Provisions aimed at reducing costs, if successful, “would offset some of the impacts we have estimated,” the accounting firm acknowledged.
Who would have guessed the insurance industry would act in bad faith?
Related posts:
- Early Morning Swim: KO Interviews Howard Dean on Public Health Care Option
- Early Morning Swim: Judd Gregg Explains Why We Don’t Need Health Care Reform on MSNBC
- Early Morning Swim: Jane and Rachel Discuss What to Do about Joe Lieberman
- Early Morning Swim: Lt. Gov. Bill Halter on Arkansas Free Health Care Clinic
- Early Morning Swim: Anthony Weiner (D-NY) Discusses Senate Health Bill on KO





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Mornin’, BT.
The Murder By Spreadsheet industry is scared shitless their outrageous profits will soon be a thing of the past, at least I hope so, while at the same time Goldman Sux is rakin’ in the dough.
It’s a pre-existing condition.
I smell health reform death
it was worse then that, they were asked to come up with a specific result as well
Wishful thinking on your part?
Morning all.
Freakin amazing that this intellectially fraudulent POS study can be published and the rethugs line up to cite it.
Nobody ever said they had any shame. We’re talking about people who would throw their mother under a bus to stay on the good side of GlennRush.
Maybe we should consider the position of Joe the Heart Patient
http://www.scholarsandrogues.com/2009/10/14/joe-the-heart-patient/
pretty snarky
Snark ain’t the word for it. Excellent piece. Thanks for the hit.
DemocracyNow! on the financial sector is brutal – MUST LISTEN.
that’s a great link!
I have to wait until noon. Always gives me something to look forward to at lunch.
Yep.
Black is hammering Frank and rightfully so. Barney speaks with forked tongue. I’ll have to catch the whole thing later.
here’s another great piece, snippage;
the piece goes on about other “reform” and then “deregulation”, it closes with;
I hope someone posts a youtube
DemocracyNow is available as podcasts
Why would they? DN! has its own site and one can watch all or any portion after about 10am ET. It’s live streamed now so you can go there right now and catch the end.
I believe this Report is correct, that medical costs and insurance costs can only increase. It becomes more expensive for corporate medicine to keep control, over doctors and the care they provide patients. Especially, many patients are discovering treatments not permitted by Goldman Sachs.
Lowering health care costs has no cost benefits to either Insurance or Pharmceutical companies. Of course, there is still a lot of profits that can be squeezed from an “illness maintenance” system. Privatized medicine makes more money from unhealthy people. Instead, healthy people lower health care costs.
aha, will look for the portion later, thanx sd
HaHa
http://www.washingtonpost.com/wp-dyn/content/opinions/anntelnaes/
the report, as the people who wrote the report tell us, was specifically done to find a specific result
it’s not only incorrect, it’s rediculous
the health care industry first argues that they can’t compete with a public plan, and then they argue such a plan will make them raise their prices
of course they can, they do with schools, mail and just about everything
if they want to raise their prices they are certainly able to do it but that will put them out of business since there will be nothing attractive about a private plan over the far more efficient of a public program, (as every public program is)
a public plan can’t possibly raise prices of private industry and there is the rub, we have to make certain there is a public option because once there is forced compliance with no public option then you are correct, they will amass and act like monopolies and continue raising prices
Here’s another
Off to swim in the great capitalist cesspool.
US KIA Irak: 4349
US KIA Afghanistan: 873
US MBS 2009: 35,588
Be good to yourselves, and all other living things.
Namaste
apparently not the people thought it made sense to pre-compromise on single payer comprehensive universal healthcare in favor of neo-liberal healthcare reform (public option in a multi payer system) that not only keeps private insurance companies at the center of healthcare delivery insuring hundreds of billions of dollars a year in useless overhead, increasing costs and millions of people in american still uninsured and underinsured… but also increases their power with an individual mandate to be enforced by the irs.
because we can trust the insurance industry and the regulators in the executive branch (aka larry summers when it’s D and who knows when it’s R).
or not.
duh.
*waving on the way out* Hi, bye, selise. *g*
Scarecrow is upstairs…
Here’s yet another group doing health care good in the USA.
Ditto on the hello to selise.
waving back!
a great day to you and the tigers, SD!
howdy back at ya, klynn!
I think of the institution of slavery! C-span will be doing a story on the Pennsylvania abolitionist charged with “treason” under the fugitive slave law”
This abolitionist was found guilty of aiding slaves in their quest for freedom. For this he was tried and convicted. His conviction was the death of slavery?
So who will be the first American to have his liberty taken away for his failure to comply with unjust and unconstitutional law, under the color of law forcing individuals to enter involuntarily, into contract with health insurance corporations?
So the theory of “legitimate government interests” now trumps constitutional law?
Involuntary Servitude is now aided by mandated health care law under fear of tax penalty as Americans aiding in the liberty of other “individuals” from forced coerced servitude with no protection of law , i.e. Dred Scott, where considered criminals
Jefferson is correct. The corporate aristocrats have gamed the system. They have usurped and continue in attempts to usurp law in the lust for profit. Wall street has eviscerate America in the lust for profit and health care is the next mechanism, as oil and energy where the last. The continued Rape of America by Corporate Aristocrats unable to control their passions for power and profit have decimated the republic and its governed!