The Audacity of Greed: How Private Health Insurers Just Blew Their Cover

(Blog Post) The health-insurance industry has finally revealed itself for what it is.

Background: The industry hates the idea that's emerged from the Senate Finance Committee of lowering penalties on younger and healthier people who don't buy insurance. Relying on an analysis by PricewaterhouseCoopers, insurers say this means new enrollees will be older and less healthy -- which will drive up costs. And, says the industry, these costs will be passed on to ... Full Story »

Posted by Doug Greer - via Alexis Madrigal, NewsRack (Health Care)
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Subjects: U.S., Politics, Health
Topics: Health Care
Member Tags: public option, Insurance industry
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Posted by: Posted by Doug Greer - Oct 12, 2009 - 11:31 PM PDT
Content Type: Blog Post
Edit Lock: This story can be edited
Edited by: Doug Greer - Oct 13, 2009 - 8:52 AM PDT

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