The Finance Committee is expected to vote on the plan Tuesday. The vote represents a potential turning point in the health care debate. Baucus' committee is the last of five congressional panels to consider health care legislation before debate begins in the full House of Representatives and Senate.And it is no shock that the industry smears got richer, and the administration's search for truth was more diligent:
America's Health Insurance Plans concludes that, under the Baucus plan, the costs of private health insurance would rise by 111 percent over the next decade. Under the current system, costs would rise by 79 percent, the report said.If there is one thing I have learned in my quest for answers, it has become quite evident that when the industry speaks, you can be almost assured their words are the opposite of reality. Today the grown-ups get to decide, the time for talk is over.
. . . .
The White House blasted the report Monday, calling it inaccurate and self-serving.
"This is a self-serving analysis from the insurance industry, one of the major opponents of health insurance reform," White House spokesman Reid Cherlin said.
"It comes on the eve of a vote that will reduce the industry's profits. It is hard to take it seriously. The analysis completely ignores critical policies [that] will lower costs for those that have insurance, expand coverage and provide affordable health insurance options to millions of Americans who are priced out of today's health insurance market or are locked out by unfair insurance company practices."