The Insurance Industry's Deceptive Report

(Blog Post) In the hallowed tradition of the tobacco and energy industries, the health insurance industry has commissioned a report (pdf) projecting doom and despair for those who seek to reform its business practices. The report was farmed out to the consultancy PricewaterhouseCoopers, which has something of a history with this sort of thing: In the early-'90s, the tobacco industry commissioned PWC to estimate the economic devastation that would result from a tax on ... Full Story »

Posted by Derek Hawkins - via Memeorandum, NewsRack (Health Care)

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Derek Hawkins
3.9
by Derek Hawkins - Oct. 12, 2009

Short but hard hitting. Klein at his sharpest, pointing out likely hypocrisy of today's PWC report.

Klein is right. For all the buzz about the the health insurance industry's 11th hour hit, vetting it almost gives it more legitimacy than it's worth.

All that makes it a bit hard to respond to this analysis. Seriously engaging with its methodology probably gives it more credit than it deserves, making this seem like an argument between two opposing sides as opposed to a predictable industry hit job. But totally ignoring its claims means some of them might live unchallenged. So rather than a full tour through the “analysis,” here are a couple of its more representative moments.

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