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November 23, 2024, 03:24:40 PM
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[Politics/Religion] Health insurance companies try to save their own asses

 
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gleek
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[Politics/Religion] Health insurance companies try to save their own asses
« 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.


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