Monday, December 6, 2010

Did the Democrats just get stabbed in the back by the health insurance companies?

On the eve of the Senate Finance Committee's plan to vote, Am. Health Insurance Plans has issued a report predicting increases in annual insurance premiums of up to $4000 by 2019 if health care reform passes. Mere coincidence? Whatever happened to insurers' promises to cooperate in bringing costs down?
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It is all BS! They lied-- again. I once worked for Oxford Health Plans (now United Heathcare). When we went through a tough financial period they cut out Friday bagels for the employees while the President and CEO, Dr. Norman Payson received 11.5 million dollars per year. Maybe Dr Norm could have made due with just a mere 11 million per year and we could have kept a small perk that everyone loved. The for profit Health Insurance industry is pure evil. Universal care-- with a public option is the way to go. It is working in Massachusetts. =0)
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