FDL Fact Sheet on Health Insurance “Reform”

Health care

Up to now, health care legislation has consisted a confusing mix of provisions and amendments scattered all over Capitol Hill. This Sunday, it all comes together as the House will vote on the final version of President Obama’s health insurance “reform,” aka the AHIP/PhRMA bailout bill.

Jane Hamsher and the Firedoglake health care team have put together a simple four-page fact sheet (PDF) that debunks 18 myths about the bill.

I decided to re-think my support of the Obama administration’s health care plans last August, when I learned of the still-unacknowledged secret deal President Obama made with PhRMA, promising that any health care legislation will bar the government from using its huge purchasing power to negotiate lower drug prices. Any such deal obviously precluded real health care reform this year.

Since then, I’ve begun to suspect that Obama also has made a secret deal with the health insurance industry, because the Senate version of the bill eliminated the public option. Without a robust public option, health insurance “reform” is nothing but a bailout for insurance companies. President Obama has made no effort to back the public option, although he has always claimed to be for it.

The AHIP/PhRMA bailout bill the House will be voting on this Sunday is not health care reform, and it’s not health insurance reform. It’s an industry bailout at the expense of middle class Americans. In case you haven’t guessed, Wall Street is very happy with the lack of reform.

UPDATE: There was a secret deal to kill the public option. It has been under-reported, and I missed the story.

Rep. Jim Matheson will vote “no” on the AHIP/PhRMA giveaway, which may be the least surprising development of all.

Here are some comments on the original FDL post:

While I expected to be sold out by the Dems, there is still a part of me that cannot believe this is actually happening.

Sadly, real reform could have been done. This bill squanders the opportunity of a generation.

Boehner’s only complaining about it because the Dems have scored for AHIP, PhRMA, and other special interests. The Republicans could easily have been the ones to have drafted legislation like this, full of giveaways and gifts for the corporations. The Democrats beat them to it.

The Republicans want this bill, without their fingerprints. It’s essentially a Republican bill.

The sad thing is that people are waiting for relief and are expecting it to come as soon as this bill passes. I think they are going to be profoundly disappointed and disaffected when don’t see anything materialize.

The Democrat leadership believes that the voters are serfs.

They will learn come this November.

I was watching Obama’s speech; you’d think he just saved every American from the Apocalypse. I never heard him once mention the fine print that’s in this bill; the 4 year wait for the preexisting conditions ban, anti-trust exemptions, excise tax, nothing. All those people shaking their heads up and down, and eating it all up just made me sick. Great Job on this Jane.

  1. #1 by Bubba V. on March 21, 2010 - 10:06 pm

    Most of the public was against it, there were Dems, Repubs, Independents against it. Doesn’t this make Pelosi and Obama look a bit arrogant? To go against the people?

  2. #2 by brewski on March 21, 2010 - 10:39 pm

    Here is my take on what would happen in the next 10 years if this bill is implemented as written:
    1. A significant number of employers will drop their employee plans and just pay the small fine.
    2. A lot of young people will just not buy insurance at all and pay the fine.
    3. The pool of remaining people who actually are covered under some kind of plan will be sicker than the current pool, thereby increasing the price of insurance for those covered.
    4. The overall costs nationwide will accelerate as a percentage of GDP.
    5. Pharma, insurance, hospital and doctors will all make out like bandits.
    6. The phenomenon of people not having insurance and then getting diagnosed with cancer and then asking for insurance will be huge.
    7. The cost estimates will prove to be way too low.
    8. Our debt will go up, and the US will lose its AAA rating, and the Democrats will act surprised and then declare that debt doesn’t matter.

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