Monday, August 17, 2009

And the masses turn out to protect their masters

When Amy Goodman recommends an article in Business Week, we gotta check it out. Says Chad Terhune by telephone:

The insurance companies have already been successful on three key fronts:
  • They've killed the public option, so they won't have to compete with the government.
  • They've managed to whittle down the definition of minimal coverage.
  • They've opened up new government subsidized opportunities (acting as coops, administering prevention programs, etc.) for UnitedHealth Group, Aetna, and WellPoint).
What Terhune describes as a strategy is looking more like a fait accompli: "whatever overhaul Congress passes this year will help rather than hurt huge insurance companies."

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