Not really, nomad. There have been some analyses of those reports - Pricewaterhousecoopers isn’t really known for this sort of analysis, and they manage to leave out the parts of the plan that reduce the cost to consumers, so it’s basically stacking the deck in the worst possible way – and if you read carefully, it even tells you about their “assumptions” in the report!
Latest news: PWC is backing away from their own report. Seems they were told to just look at certain aspects of the plan – the aspects that of course would inflate the apparent costs. Tsk, tsk, tsk…
Direct quote, from their own statement, with only the four provisions excised:
America’s Health Insurance Plans engaged PricewaterhouseCoopers to prepare a report that focused on four components of the Senate Finance Committee proposal…The analysis concluded that collectively the four provisions would raise premiums for private health insurance coverage. As the report itself acknowledges, other provisions that are part of health reform proposals were not included in the PwC analysis. The report stated on page 1:
“The reform packages under consideration have other provisions that we have not included in this analysis. We have not estimated the impact of the new subsidies on the net insurance cost to households. Also, if other provisions in health care reform are successful in lowering costs over the long term, those improvements would offset some of the impacts we have estimated.”
NoFearPup over 14 years ago
Tha canadiens and japanese already killed the baby seals.
believecommonsense over 14 years ago
Good job. We’ll have to up your bonus to $5 mil. BTW, how many policies did we rescind today?
nomad2112 over 14 years ago
“Toon’s nothing but BS.
Motivemagus over 14 years ago
Not really, nomad. There have been some analyses of those reports - Pricewaterhousecoopers isn’t really known for this sort of analysis, and they manage to leave out the parts of the plan that reduce the cost to consumers, so it’s basically stacking the deck in the worst possible way – and if you read carefully, it even tells you about their “assumptions” in the report!
Motivemagus over 14 years ago
Latest news: PWC is backing away from their own report. Seems they were told to just look at certain aspects of the plan – the aspects that of course would inflate the apparent costs. Tsk, tsk, tsk…
Motivemagus over 14 years ago
Direct quote, from their own statement, with only the four provisions excised: America’s Health Insurance Plans engaged PricewaterhouseCoopers to prepare a report that focused on four components of the Senate Finance Committee proposal…The analysis concluded that collectively the four provisions would raise premiums for private health insurance coverage. As the report itself acknowledges, other provisions that are part of health reform proposals were not included in the PwC analysis. The report stated on page 1: “The reform packages under consideration have other provisions that we have not included in this analysis. We have not estimated the impact of the new subsidies on the net insurance cost to households. Also, if other provisions in health care reform are successful in lowering costs over the long term, those improvements would offset some of the impacts we have estimated.”
Charles Brobst Premium Member over 14 years ago
Why aren’t these people under arrest now for anti-trust violations?
cdward over 14 years ago
cabrobst, because they’re in control.
DianeKovacs over 14 years ago
Long ago the insurance industry obtained legislation that exempted them from anti-trust regulation. That has to go.
d_legendary1 over 14 years ago
Its the same thing as the death panels.