Monday, October 19, 2009

Health Insurance Parasites: "Called 'Em Out!"

Even Politico caught the trick:
"PriceWaterhouseCoopers, the authors of AHIP's report, put out a statement last night that basically said, 'Hey, we weren't paid to evaluate the effects of the entire bill, but rather a small slice of it.' The statement only seems to reinforce critics' view that the report is skewed precisely because it doesn't take into account the totality of reform. PwC's report estimates that insurance premiums will rise faster under the proposed reforms than under the current system. The last, and key, line from the statement: 'If other provisions in health care reform are successful in lowering costs over the long term, those improvements would offset some of the impacts we have estimated.' In other words, PwC is saying if reform's cost containment measures work, their estimate could be wrong." [Politico, 10/13/09]

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