Insurers Mount Attack Against Health Reform (bill)

FoxNews ^ | 10/11/2009 | AP

[Principled]

WASHINGTON -- After working for months behind the scenes to help shape health care reform, the insurance industry is now sharply attacking the emerging plan with a report that maintains Senate legislation would increase the cost of a typical policy by hundreds, or even thousands, of dollars a year.

[Principled]

Glad to see some numbers from a source other than the liars.

Oh yeah - did a search -nothing yet :)

http://www.freerepublic.com/focus/search?m=all;o=time;q=quick;s=health%20insurers%20strike%20back

[Principled]

They’ll have to spend some time fighting this...

“Several major provisions in the current legislative proposal will cause health care costs to increase far faster and higher than they would under the current system,”

[Principled]

dang it - already posted

sheesh

pls delete

[MsLady]

That's because the goal of our congress and President is to get every single person on government health care. When you think about it though, with a massive bill like that, there will be loop holes and all kinds of grey areas.

Stupid congress, wasting time on all of this, when they could simply try, letting people buy across state lines and tort reform. I hope and pray to God, that every single congressmen who votes for this monster, or even thinks about voting on it, will be voted OUT in nov.

[Achilles Heel]

I agree—but getting these pols to take the voters against it seriously is a big problem—they seem to be oblivious in mnany cases. Mostly DEMS and a few RINOS.

[marstegreg]

IT’S ABOUT TIME!!!!!!!!

It looked , for a while, like they were ready to lay down and die.

[Overtaxed Patriot]

Gotta pony up the money to pay off the politicians.

[Boiling Pots]

You’d think the Insurance Co’s would want a bill that a) forced everyone to buy insurance and b) increased the costs of those premiums.

[kabar]

Perhaps, but they will be competing against a government option or government run exchanges, which will set the regulations for what is acceptable coverage and who must be covered. The government will become the option of choice because it will be cheaper [read subsidized by the taxpayer] thus driving the premiums up for the private insurance forcing more people to switch.

Even if you kept your private insurance, eventually most remaining plans—whether employer plans or individual plans—would have to conform to new federal benefit standards. Moreover, the necessary plan “upgrades” will undoubtedly cost you more in premiums.

The Umpire Is Also the First Baseman: The main argument for a “public option” is that it would increase competition. However, if the federal government creates a health care plan that it controls and also sets the rules for the private plans, there is little doubt that Washington would put its private sector “competitors” out of business sooner or later.