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WEDNESDAY, NOVEMBER 25, 2009
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 HEALTH CARE REFORM 
11

Dour Industry Report Backfires

Dems, GOP alike have hard time believing Hail Mary predicting higher costs

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(Newser) – The health insurance industry report presented yesterday that predicts the reform bill will do little to stop rising costs appears to have backfired. Dems are up in arms at the timing and content of the “misleading and harmful” attack from their erstwhile ally in the effort. Sen. Jay Rockefeller used the report—which he called “politicking for corporate gain at its worst”—to reiterate his call for “inclusion of a public health insurance option,” Politico notes.

Dems hope the knife in the back will rally support behind the compromise bill making its way through the Finance Committee, and there has been talk of “legislative payback.” “It is an incredibly stupid strategic blunder,” one aide says. Still, insiders predict supporters of the legislation will have to prove that industry taxes and a neutered federal mandate will, in fact, not drive up prices over the long run.

A gavel and papers are seen at the seat of Senate Finance Committee Chairman Sen. Max Baucus, D-Mont.
A gavel and papers are seen at the seat of Senate Finance Committee Chairman Sen. Max Baucus, D-Mont.   (AP Photo)
Senate Finance Committee member Sen. Jay Rockefeller, D-W.Va., left, and committee chairman Sen. Max Baucus, D-Mont.
Senate Finance Committee member Sen. Jay Rockefeller, D-W.Va., left, and committee chairman Sen. Max Baucus, D-Mont.   (AP Photo)
Karen Ignagni, president of America's Health Insurance Plans.
Karen Ignagni, president of America's Health Insurance Plans.   (AP Photo)
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Because we don’t see comprehensive cost control in any piece of legislation, we’re looking at continuing those projected 6.2 percentage point increases. - America's Health Insurance Plans chief Karen Ignagni

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11 comments
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ronimaca
Oct 13, 09 10:23 AM CDT
The report show why we need a public op.. It is the only way to stop Insurance Co abuse. Reply
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+12
Doctor_Zaius
Oct 13, 09 10:28 AM CDT
This ain't 1994. Reply
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+5
phil
Oct 13, 09 10:36 AM CDT
I read this and thought of Montgomery Burns, can't think why. Reply
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+3
godawgs
Oct 13, 09 10:36 AM CDT
So now the insurance industry is trying to play both sides of the fence. They have been a supporter of reform, at least with spending money on ads and things like that. Hopefully this will fuel the talk about the Public Option or Single Payer. We will see how the vote goes today. Reply
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+7
Doctor_Zaius
Oct 13, 09 10:51 AM CDT
Single Payer Now. Reply
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+12
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