Less than two weeks have passed since much of the medical-industrial complex made a big show of working with President Obama on health care reform — and the double-crossing is already well under way. Indeed, it’s now clear that even as they met with the president, pretending to be cooperative, insurers were gearing up to play the same destructive role they did the last time health reform was on the agenda. Full Story »
Posted by Derek Hawkins
Krugman's Op-Ed reads more like an installment from an investigative journalist. The story is essentially the rest of the story. The story isn't cynical, in its approach, only it's observation - that the American public is routinely abused by certain well-connected / well-heeled / well-positioned groups of the American private sector. They are masters of illusion and have a ground force that on a pro capite basis, far out-numbers Congress. Krugman further alleges in this Op-Ed that this game is afoot and the industry appears to be positioned to make a fool of the President and his supporters for health care reform. It further illuminates what many have been alleging for decades - that there is no daylight between health ... More »
Does the health care industry consider a government insurance option as a huge threat to profits and shareholder dividends. Indeed and they have purchased the lobbying power of the faltering and fractionated GOP to do their heavy lifting.
Dr. Krugman wonders if Obama will live up to his campaign promises to stand up to the "medical-industrial complex".
One has to assume the facts. And if they are correct, then yes, it does pose a dilemma for the administration. What isn't indicated is whether there are any groups willing and able to mount a counter-campaign. Or is this piece designed to encourage such a move?
Health care reform is critical to new business formation in the US. Health care costs are crippling new business formation in the areas of the US that need it the most.
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