Money Talks and B.S. Walks

Health care reform is a major topic in the Obama administration. There are several people who a against the idea and there are several that would like to see the changes that President Obama is proposing go through. However, the "people" who are against the Presidents reform proposal is not necessarily the citizens who are being scammed by the Insurance companies but the Insurance companies themselves are the biggest ones against this reform obviously. The AHIP and now BCBSA have issued financial reports which were funded by themselves to illustrate the "negative" effects of the reform bill. According the their findings, insurance premiums will skyrocket by 111% if the reform passes and if things are allowed to stay the same premiums will only increase by 78%. There are several individuals who have been following this issue and have deduced that the insurance companies are threatening the American people with higher
unregulated costs for their premiums should the reform bill pass.



In a link from swampland blogs, I found a blog posted by Kate Pickert, the following link http://swampland.blogs.time.com/2009/10/14/a-new-and-better-but-still-flawed-insurance-industry-report/ which explains the details of the new BCBSA industry report. Though this report is only slightly better than its predecessor which was a poor excuse for a report to begin with. In statements from both Price Water House who provided the first report and statements from Oliver Wyman who furnished the report for BCBSA both claimed that they omitted key information about the reform bill which were meant to lower insurance premium costs. They stated that they felt it was unnecessary to include those details in their reports. I say, how convenient that they omit actual information that shows a decrease in premiums and instead paint a picture that show how expensive things will get if legislation is passed.



The author seems to be reaching out to those individuals with like minded interests or to individuals who are willing to view a situation with an open mind. Kate Pickert is a blogger/reporter for Time Magazine and therefore her blog is credible regarding the information she has presented for her readers. I most definitely agree with her statements about the insurance companies corruption and the fact that they scam the patients out of needed medical care. I work in the medical field and see first hand how patients are taken advantage of by there insurance companies with high premiums and poor coverage.