That Didn’t Take Long: Insurance Industry Breaks Promise to President Obama

Why we can’t trust the insurance industry with health care reform.

Just four days after standing next to President Obama and declaring their commitment to control health care costs to the tune of $2 trillion over 10 years, the insurance industry, drug and medical device makers, and hospital groups are backing off their promise:

Hospitals and insurance companies said Thursday that President Obama had substantially overstated their promise earlier this week to reduce the growth of health spending. Full Story »

Posted by Dwight Rousu
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Subjects: Politics, U.S., Health
Member Tags: Insurance Companies
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Posted by: Posted by Dwight Rousu - May 18, 2009 - 9:52 PM PDT
Content Type: Article
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Edited by: Dwight Rousu - May 18, 2009 - 9:52 PM PDT

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2.4
by Kevin Barry - May. 19, 2009

This article points out a potential backpedaling of the health care industry on commitments to control costs. However, it does so in a childish way (in the end it basically degenerates into name-calling), that I feel it begins to adversely affect the argument that is being made.

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3.8
by Dwight Rousu - May. 18, 2009

The strong backpedaling of the health insurance corporations is claimed to be a systemic feature of the industry. A few more historical examples might be good for those who have not yet seen Sicko.

Rosenbaum makes a strong case that insurance companies cannot be trusted with health care, but omits single payer as a solution.

Voluntary agreements are not enough. We need regulation and we need real cost control, and that means a public health insurance option that will force these awful companies ... More »

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4.2
by Glenn LaBauve - May. 19, 2009
See Full Review » (11 answers)
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