American health insurance companies go on offensive to block Obama's Heath Plan - should Health Insurance Companies have the right to misinform the people? Should they be prosecuted for throwing kitchen sink at Health care reform?
Special Correspondent
Oct. 12, 2009

PricewaterhouseCoopers analysis concluded in the special interest study commissioned by the insurance group - America's Health Insurance Plans. It is an example of shameful misinformation to block healthcare ligislation.

Late Sunday, AHIP sent reporters and 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.

Premiums for a single person would go up by $600 more than would be the case without the legislation, the PricewaterhouseCoopers analysis concluded in the study commissioned by the insurance group.

When these insurance companies could not do with hundreds of billions it poured into Washinton DC into the hands of the Republicans and some corrupt democrats, they took it to the kitchen sink level.

Democrats and their allies criticized the report as biased. Health economist Len Nichols of the New America Foundation contended that, among other problems, the study failed to take into account the impact of subsidies that would help low- and middle-income people buy coverage. He said it also left out a key expected impact of a proposed new tax on high-value insurance plans, which is a reduction in the use of health services. "It was paid for by people who are not interested in an objective analysis of the truth but are interested in a particular point of view being inserted into the political process right now," Nichols said. Spokesmen for the White House and for Finance Committee Chairman Max Baucus, D-Mont., attacked the report along similar lines. "It's a health insurance company hatchet job, plain and simple," said Baucus spokesman Scott Mulhauser.

American health insurance companies go on offensive to block Obama's Heath Plan - should Health Insurance Companies have the right to misinform the people? Should they be prosecuted for throwing kitchen sink at Health care reform?
Special Correspondent
PricewaterhouseCoopers analysis concluded in the special interest study commissioned by the insurance group - America's Health Insurance Plans. It is an example of shameful misinformation to block healthcare ligislation.
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