New Bill Would Raise Rates, Says Insurance Group

WaPo ^ | 10/12/09 | Ceci Connolly

[Nachum]

After months of collaboration on President Obama's attempt to overhaul the nation's health-care system, the insurance industry plans to strike out against the effort on Monday with a report warning that the typical family premium in 2019 could cost $4,000 more than projected.

The critique, coming one day before a critical Senate committee vote on the legislation, sparked a sharp response from the Obama administration. It also signaled an end to the fragile detente between two central players in this year's health-care reform drama.

Industry officials said they intend to circulate the report prepared by PricewaterhouseCoopers on Capitol Hill and promote it in new advertisements. That could complicate Democratic hopes for action on the legislation this week.

[Nachum]

The list, ping

[HiTech RedNeck]

That ain’t peanuts.

[cranked]

Pfft, like Barry and the Dems care......

[BunnySlippers]

I’m glad they’re getting it out there.

[uncommonsense]

Obama issues a death sentence to the insurance industry, Barry gets some early momentum, the industry execs cow-tow to The One and negotiate a subsistence level existence, regular people put the fear of God into elected officials for supporting fascism, government run health care takes a major hit, suddenly - at the last hour of the last day - industry execs start to grow a tiny bit bolder to resist dismantling the free enterprise system...

Wow, how friggin brave the highly compensated execs have become... /sarc

[Syncro]

...regular people put the fear of God into elected officials for supporting fascism, government run health care takes a major hit...

I liked the whole time line, but that stuck out.

"Regular" people [read: Patriotic American Citizens] are the backbone of this country and their voices are carrying all the way to Washington, DC more and more.

Let's keep it up until we get the graffiti of "democracy" removed from our Constitutional Republic which the politicos have been trying to usurp.

King George didn't listen and Patriots didn't give in.

[RightFighter]

Didn’t Obama say there are 30 million uninsured? This article states that the Baucus plan will move 29 million people from the ranks of the uninsured, leaving 25 million still uncovered. WTF? Now there are 54 million uninsured?

Or does this mean that 24 million people who are NOW insured are going to LOSE their insurance under this plan?