I hope if they put lipstick on a pig, President Obama will veto the bill.
Public Plan ‘Devastating’ In Any Form, Insurers Say
http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=5907920&mesg_id=5907920Lobbies representing the insurance industry said in a letter to Sen. Edward M. Kennedy , D-Mass., that a “government plan” option in any form would have “devastating consequences” for current health insurance coverage as well as for the budget deficit and “existing provider systems.”
Friday’s letter from America’s Health Insurance Plans and the Blue Cross Blue Shield Association of America also expresses concern about insurance exchanges proposed in a plan developed by Kennedy that is being marked up by the Senate Health, Education, Labor and Pensions Committee. The “gateways,” as they are known in the proposal, could be overly regulatory and should not be the only place where people can get subsidies to help buy coverage under a system in which everyone is required to have health insurance, the letter says.
The letter follows growing efforts in the Senate to fashion a compromise on the controversial issue of creating a new government-run insurance plan as part of overhauling health care. Sen. Kent Conrad , D-N.D., for example, has suggested creating member-run health insurance co-operatives as a form of public plan instead of creating a government-run insurance alternative to private health insurance. But the insurers appeared to reject that attempt at compromise.
“A government-run plan — no matter how it is initially structured — would dismantle employer-based coverage, significantly increase costs for those who remain in private coverage, and add additional liabilities to the federal budget,” the letter says..."