This is hilarious. If Obama were actually trying to make private insurance cheaper for the businesses that insure their employees and people who buy policies on the individual market, the first thing he would do is increase payments to doctors for state/federal funded health care programs like Medicare, medicaid, MediCal(CA), etc. Those programs underpay doctors by a significant amount and private insurance pays higher contracted rates because of it.
Instead, he is looking to cut the medicare reimbursements which will again push up costs in the private market. Gee, I wonder why private insurance keeps getting more expensive.
With the deals the AMA is begging to cut with Obama, I figure that the organization;s head must be Dr. Faust.