AHIP’s already faced with the problem of the Kochs financing beer-pong “don’t buy insurance” beach parties targeting the very groups of young college kids AHIP wants so desperately as paying customers and who would be scared off by a rate hike. In fact, they’re really stupid even to threaten a rate hike now, because it’s playing right into the Kochs’ hands.
|By: Phoenix Woman Saturday November 16, 2013 7:00 am|
|By: Jon Walker Wednesday April 27, 2011 7:50 am|
It is nice to see both Paul Krugman and Matt Yglesias openly admitting that the Affordable Care Act is about as right-wing any insurance coverage expansion “reform” could be. From Yglesias’s The Sensible Conservative Alternative To The Affordable Care Act Is The Affordable Care Act: If you simply do what Ponnuru and Levin propose, every [...]
|By: David Dayen Wednesday August 18, 2010 7:00 am|
At the NAIC (National Association of Insurance Commissioners) conference yesterday, regulators approved the medical loss ratio “blank” — the form that will get sent to health insurers to determine how much of their premium revenue gets spent on medical care. And in an unexpected early victory, the NAIC rejected many of the procedures that the insurance industry wanted to include as counting under the MLR.
|By: Jon Walker Friday June 11, 2010 9:00 am|
Bill Clinton came to praise the health insurance industry, not criticize it, as the keynote speaker at its Las Vegas convention.
|By: Jane Hamsher Wednesday April 21, 2010 9:30 am|
In this new world order of supercorporations who earn their phantom profits by investing in politics, it is the “small businesses” who are being stifled and frozen out. Building a better mouse trap no longer matters, because the Acme Mouse Trap Company is writing legislation that makes it impossible to sell yours. Acme can build the shittiest mouse trap in the world, and never have to innovate, because their market is protected, their failures are subsidized and they pay no taxes. That gives them more money to plug back into the political system, and the cycle begins again.
|By: Jon Walker Wednesday March 31, 2010 8:15 am|
Now that President Obama and the rest of the Democratic leadership no longer need to hide from their base that the new health care law is in fact a pro-health insurance industry Republican plan as part of a push to enact the law, they are openly admitting the plan’s true origins. This bill is a not a “progressive” or “centrist” piece of legislation but a Republican idea put forward by the Heritage foundation and is almost identical to the reform advocated by the health insurance lobby.
|By: David Dayen Tuesday March 30, 2010 7:50 am|
You can pretty much figure out AHIP’s game here. With no restrictions on cost until 2014, the industry can raise their premium prices almost at will. Even the bad publicity suffered from that 39% rate hike of Anthem Blue Cross plan has not stopped that scheduled increase from taking effect in May. And when outrage is expressed by families facing double-digit rate hikes, AHIP will clear their throats and blame the pre-existing condition exclusion for children, forcing the poor insurance companies to take on a sicker risk pool and raise prices to survive.
|By: Scarecrow Thursday March 25, 2010 7:20 pm|
Who could have predicted? Now that the mandate to purchase private health insurance is the law of the land, America’s health insurers have decided it’s okay to reveal, well, uh, they really liked the bill’s basic structure all along.
|By: Gregg Levine Tuesday March 16, 2010 9:00 am|
Ahhh, the power of the Democrats! To all of you who said that Dems couldn’t get anything done, to all of you that said Congressional Democrats couldn’t find the President’s desk with a map, a flashlight, and guided tour from Desirée Rogers, to all of you that said this White House did not know how to play political hardball, I say: Behold!
|By: Jane Hamsher Monday March 15, 2010 9:25 am|
I still don’t know if they can pass this monstrosity of a bill. But if progressives stand down and do nothing while corporate America runs roughshod our institutions and our representatives, no member of Congress will ever have the political courage to stand up against corporate power again.