Who Will Lose with Healthcare Reform?
Posted in Public Affairs, Money Matters, Health, wordpress, Politics, Kennedy, obama, Medicare, Grassley, Congress, Legislation, Dodd, Sen Olympia Snowe, Sen Max Baucus on October 19th, 2009 by Stanford Matthews
As the healthcare debate drags on more questions are raised than answered. Perhaps good news for drug companies and bad news for the insurance industry. The partisan bill and vote in the Senate Finance Committee last week may lead to a rewrite this week. The last estimate on the cost of the bill was over $800 billion. And about the only sure thing is that it will cost taxpayers more money. Covering uninsured with tax credits and expanding Medicaid will raise tax bills for the rest of us.
If mandates from Congress force insurers to payout more claims with lower premiums anyone’s math should arrive at the obvious conclusion. Politicians will dictate who wins and who loses yet they have the audacity syndrome to label insurance companies as the villains. Simply because they oppose the idea of losses created by Congress.
One self-proclaimed winner from so-called healthcare reform is from David Snow of Medco Health Solutions, Inc. You may find it interesting to follow the Merck spinoff history of this company. There are those who would say the history of Merck and Medco Health Solutions produced a dark cloud in the trustworthy department. That may raise more issues about the winners and losers in reform.
The ten year eighty billion dollar plan between the White House and Big Pharma is as suspect as the Obama Administration’s claim that the insurance industry opposition to reform is ’smoke and mirrors’. The White House should use those mirrors to check their own claims in the debate.
Read the WSJ piece referenced below to arm yourself with more information for the battle in the weeks ahead. And if you think it is alright for insurers to get beat down by politicians with healthcare reform stop to think who else stands to lose. That might be another job for one of those mirrors mentioned earlier.
CEOs Tally Health-Bill Score
Drug Makers and Hospitals Figure to Benefit, While Insurers Brace for a Big Hit
Stanford Matthews
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A former aide to Senator Max Baucus and current acting-Director at the Center for Medicare and Medicaid Services, Jonathan Blum, has complied with a request by his former boss to investigate insurance companies. President Obama appointed Jonathan Blum and it appears he is faithfully silencing opposition to the Baucus efforts to produce a Senate version of the failing House healthcare reform package.



















