Peter Dreier: Health Insurance Industry Exposes Its Insatiable Greed

The title caught my eye.  So did this:

Baucus' Finance Committee is scheduled to vote tomorrow on the bill, which includes:

  • An individual mandate requiring all those without coverage to buy private insurance - in other words, tens of millions of new paying customers for the private insurance companies.
  • Subsidies for moderate income people to buy insurance.
  • No meaningful price controls on what insurers can charge in premiums, co-pays, deductibles, co-insurance and other fees.
  • No meaningful reforms on insurance denials of care recommended by doctors that the insurers don't want to pay for.

You'd think the insurance industry CEOs and lobbyists would be jumping for joy with this massive taxpayer subsidy for the already profit-soaked industry.
But you'd be wrong.

Source: Peter Dreier: Health Insurance Industry Exposes Its Insatiable Greed

We’re never going to get real healthcare reform. (sigh)