GolfHos

General => The Cantina => Topic started by: gleek on May 10, 2009, 03:40:22 PM



Title: [Politics/Religion] Health insurance companies try to save their own asses
Post by: gleek on May 10, 2009, 03:40:22 PM
I guess this is sort of like what a fattened pig sounds like when put on the chopping block.

Quote
Top representatives of the health care industry plan to offer $2 trillion in cost reductions over 10 years in a bid to help pass President Barack Obama's health overhaul, a source familiar with the negotiations said Sunday.
...
In a rare move before the administration has unveiled all the details of its proposal, the industry groups are trying to strike a deal now with Obama officials to help get coverage for all Americans in the hopes they can stave off legislation that would restrict their profitability in future years.


Link (http://www.google.com/hostednews/ap/article/ALeqM5irNxCC9jjmVT9NsYoi39usrvum2gD983JSVO1)

Maybe from time to time, the free market needs the threat of a little ass-whooping from the gubmint.