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Daily News Updates - Health Insurance News

Health Insurance Empire Strikes Back, Pt.3 – The proof will be in the pudding.

Previous…

This major ‘defensive’ is an initiative to create support in political debate against a Democratic Congress who have finally prevailed, after the lengthy onslaught of the years of frustration concerning health insurance issues. Some of these issues were insurance company practices on things like: "denying coverage based on pre-existing conditions,“ as reported by Politico staff writer Mr. Frates. Only this week, as Chris explains, Congress had to over-ride another Bush veto. This time to steer billions of funding dollars from the health industry in order to fund Medicare provisional doctors. The health insurance industry came out of it in a bad light. Democratic health care strategist, Chris Jennings asserts “There will be a mix of cynicism and hope” by the curious public, but “the proof will be in the pudding.” At least the approach is more healthy than that used against Bill & Hillary on this last major go-around 15 years ago.

The industry’s change in attitude to collaborate is now brought on by necessity more than good will. They realize that the complaints of skyrocketing medical costs far exceeding the rest of the developed nations of the world are not only justified, but are causing widespread consensus that the present health insurance business models used by today’s providers aren’t work for our country. They also realize the possibility of cashing in on universal coverage. It could have the effect of increasing the size of the health insurance pie while still reducing costs. They see a win/win here, both politically and business-wise.

Continued…

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