The insurance executives are quiet about this, unlike the press release of yesterday. The insurance industry is financially covered by the Pathway and don't want to rock the boat. I think that they will go along with this, as best they can. This may involve taking some of the fall. However, I am interested to see how achievable this change seems to be with 'only' a 10% to 15% premium increase. It will sure beat a 200% premium increase for most!
The fly in the ointment is the State Insurance Commissioners. They are not in on the scam. They are just innocent bystanders and are justifiably upset.
First of all, it’s a shame these executives would even show up at a “hasitly called” meeting.
Second, the government is going to promise to make up for their loses. Totally illegal but “what difference does it make?”