The Insurance Industry's Deceptive Report

Washington Post by Ezra Klein | Oct. 12, 2009 (Opinion)

(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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by Manfred Ostrowski - Oct. 13, 2009

Ezra Klein offers a committed and frank contribution to the current health care debate. His article probably requires some forehand knowledge regarding the issues discussed and has to be seen in the context of the earlier Washington Post articles about health care reform.

The article is quite meaningful, and one gets a good glimpse of the political conflict between liberal reformers and the insurance industry.

Insurers will no longer have the freedom to offer products that let an individual think his family is protected when the policy will do nothing of the sort. That may raise prices, in much the way that antibiotics cost more than herbal supplements..