http://www.chicagotribune.com/business/chi-mon-insurers-0824-aug24,0,3544795.storyWASHINGTON - -- Demonized by Democrats and ostensibly threatened with more government regulation, medical insurance executives have lobbied so successfully in Washington and the home districts of key lawmakers that they are poised to reap a financial windfall from the health-care overhaul.
"It's a bonanza," said Robert Laszewski, who tracks reform legislation as president of consulting firm Health Policy and Strategy Associates.
Some insurance company leaders profess concern about the unpredictable course of President Barack Obama's massive health-care initiative and point to concessions granted. But Laszewski said the industry's reaction to early negotiations boils down to one word: "Hallelujah!"
Like major drug companies and other health-care stakeholders, the insurers lobbied early and hard for concessions from Democrats eager to pass landmark legislation that would provide medical coverage for all citizens.
The half-dozen leading proposals in Congress would require all citizens to have health insurance, guaranteeing insurers tens of millions of new customers, many of whom would get government subsidies to help pay the companies' premiums. At the same time, these proposals would limit government's potential role as competitor and regulator.