Talk about strange bed fellows!
I guess we were all wrong. The insurance industry is apparently looking out for American families in showing that the Baucus bill "would add $1,700 a year to the cost of family coverage in 2013." I guess we owe the insurance industry an apology. They were just looking out for the little guy.
:sarcasm:
http://www.msnbc.msn.com/id/33273157/ns/politics-health_care_reform/###
Insurers escalate criticism of health overhaul
Trade group's study shows Senate bill would shift costs to privately insuredWASHINGTON - The insurance industry sharply escalated its criticism of the Senate health care bill Sunday, charging that the legislation would shift costs to privately insured people, raising the price of a typical policy by hundreds of dollars annually.
A spokesman for Sen. Max Baucus, D-Mont., whose 10-year, $829 billion overhaul plan faces a final committee vote Tuesday, questioned the credibility of the late-innings cost estimate. "It's a health insurance company hatchet job, plain and simple," said Scott Mulhauser.
Until recently, the health insurance industry has been working behind the scenes to shape legislation, while publicly endorsing President Barack Obama's goal of affordable coverage for all Americans. The fragile alliance is growing strained as legislation advances toward floor votes in the House and Senate.
Late Sunday, the industry trade group America's Health Insurance Plans sent its member companies a new accounting firm study that projects the legislation would add $1,700 a year to the cost of family coverage in 2013, when most of the major provisions in the bill would be in effect.###