The insuranceindustry shot itself in the foot once again with the clumsyrelease of a study claiming that the Senate FinanceCommittee's health care reform bill will end up raising premiumsfor all. While many of the points made in the survey are sound, itspoor delivery has galvanized the industry's critics into alynch mob.
The study, done on behalf of America's Health Insurance Plans(http://bit.ly/1PKPHL), hasblown up in the industry's face. The backfire might leave healthinsurers worse off than they were prior to the report's release,providing ammunition to those who insist a public option is theonly way to truly reform this shell game of an insurancesystem.
The study exposed some critical weaknesses in the FinanceCommittee's bill, such as a penalty for remaining uninsured that'stoo soft to compel most people to buy coverage, as well as fees oninsurers and high-level benefit plans that will likely be passed onto consumers--commercial and individual.
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