NYTimes notes 'reform' would profit the insurers 

Since February, I've been writing that health-care reform was a boondoggle that would benefit drugmakers and health insurance companies, while President Obama, the DNC, and much of the media have portrayed the battle as being the "reformers" against industry.

Today, a New York Times news story weighs in, basically on my side.:

Congress was potentially delivering as many as 30 million new customers to the insurance market — many of whom would be able to afford coverage because the government would subsidize the cost of premiums.

“That’s real revenue, even for Wall Street,” he said....

the insurers say they know they cannot fix many of the problems in the health care system without the support of the government. “This should be a public-private partnership to achieve the type of reform people are looking for,” said Mr. Zirkelbach of the insurance trade association.

About The Author

Timothy P. Carney

Pin It

More by Timothy P. Carney

Latest in Nation

© 2018 The San Francisco Examiner

Website powered by Foundation