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Edited on Mon Oct-12-09 11:59 AM by andym
At first I was quite surprised to see that AHIP (the insurer's trade lobby) was trying to kill of health care reform by releasing a PricewaterhouseCoopers' report that the Baucus bill will raise costs. After all, many believe the Baucus bill to be strongly influenced by insurance lobbyists. It just didn't make sense.
The explanation that makes the most sense is that they fear a strong public option (open to all) will be the final result of legislation. They do not want to risk a public competitor, even with the guaranteed prospect of all those people forced to buy insurance. Their lobbyists must feel that a strong PO is a real possibility. So they are trying to kill the bill in committee, to stop the bill dead.
It also suggests that insurers will try to raise rates using their research report as justification, providing an even greater need to include a strong PO.
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