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Big insurance getting what it wants

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SHRED Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-19-09 07:44 AM
Original message
Big insurance getting what it wants
It sure looks that way.
Doesn't it?

Palin 2012?...shutter... :puke:


Big insurance is well on the way to getting what it wants: 25 to 30 million more paying customers (many of them young and healthy), a requirement that almost all businesses "pay or play," and no competition from a public option.

Doctors (that is, the American Medical Association) are on the way to getting what they want: Instead of a temporary patch on scheduled decreases in Medicare reimbursements to them, a permanent fix that would change the reimbursement formula altogether and reward them $240 billion over the next ten years.

But when they all get paid off, who will do the paying? Middle-class Americans who are already in a financial squeeze -- whose wages are lower, adjusted for inflation, than they were thirty years ago, and whose jobs are disappearing. They'll face still higher premiums, co-payments, and deductibles; and they'll pay higher drug prices, Medicare premiums, and taxes to cover the rest.

That's because these payoffs make it next to impossible to contain the wildly escalating costs of health care. And 25 to 30 million additional Americans will be covered.


Read more at: http://www.huffingtonpost.com/robert-reich/lessons-from-letterman-in_b_325557.html
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excess_3 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-19-09 08:13 AM
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1. Chris Dodd... Conn is home to Aetna and Cigna .nt
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