Health insurance lobby: No competition, thanks
A major lobby group for the health insurance industry is trying to drum up support for a predictably self-serving plan:
1. Force everyone to buy our expensive product. 2. Don't let the government sell the same thing for less, 3. Cut taxes to help people afford what we're selling:
The industry’s proposal would require individuals to carry insurance and insurers to cover pre-existing conditions. And it would strengthen the health care safety net and provide tax credits to working families to help buy insurance.
The insurers say their plan would build on the employer-based system that provides most Americans with their health insurance – also an idea Obama supports.
What it doesn’t include is a public health insurance option that would compete with private plans, a concept supported by Obama and progressive groups such as Health Care for America Now.
“We don’t see that there will be a need for an additional public option. We don’t think there will be a need to get the government in the insurance business,” said the group’s spokesman, Michael Tuffin. [Politico]
The only "concession" is that the industry will promise to sell insurance to everyone, even the sick and the old. They don't promise to do so at an affordable price. According to the article: "The industry addresses the affordability issue by calling on Congress to reduce health care costs by 30 percent."