Insurance report undercuts health care claims

A report commissioned by America’s Health Insurance Plans says the Senate Finance Committee legislation will cause health care costs to go up faster than under the current system.

The report, which was conducted by PricewaterhouseCoopers, has caused some buzz among Hill GOP aides and infuriated the Obama White House.

The report will drop ahead of a crucial vote on the bill Tuesday in the Finance Committee, and could figure into the discussion there. At the very least, expect to hear a lot more about the report from Republicans, who are looking to slow any kind of momentum for the Democratic health care reform proposals after the Congressional Budget Office’s positive analysis last week.

The CBO concluded the Finance Committee bill would reduce the deficit by $81 billion in 2019, allaying the concerns of centrist senators for whom cost is a chief issue.

The report comes from AHIP, which has spoken publicly in favor of overhauling the health care system, but has worked behind-the-scenes to kill aspects of the president’s plan, including attempts to create a government competitor to private plans, Insurance companies have also balked at the watered-down individual mandate in the Finance bill.

Full Story on Politico.Com

4 Responses to "Insurance report undercuts health care claims"

  1. Hoosier_CowBoy  October 12, 2009 at 10:02 am

    “commissioned by America’s Health Insurance Plans”
    duh!!!
    Like you would expect them to say anything else? Why do you even waste copy space?

  2. gazelle1929  October 12, 2009 at 12:05 pm

    Karen Ignagni (b. 1954, Niagara Falls, NY) is the president and chief executive officer of America’s Health Insurance Plans (AHIP). She is often mentioned as one of the most effective lobbyists and the most powerful people in healthcare. She is currently involved with attempts to reform health care in the United States to benefit health insurance companies.

    wiki article on Karen Ignani

    Any questions?

  3. woody188  October 12, 2009 at 10:10 pm

    So do we believe the lying government or the lying insurance industry?

    Coin toss?

  4. Carl Nemo  October 12, 2009 at 10:18 pm

    Maybe each, calling it wash and good enough reason to pitch the bill into the deep six where it belongs…! : |

    Carl Nemo **==

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