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View Diary: Insurers not looking to delay Obamacare, mostly (50 comments)

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  •  Of course insurers aren't impeding PPACA... (3+ / 0-)

    ...because they pretty much wrote the dang legislation, they had one of their own (Liz Fowler) in charge of implementing it, and--most importantly--they stand to benefit from virtually unlimited government subsidies to them from Americans' being forced to purchase their "products" without a dollar cap on costs from the insurers' side.

    Not to mention the new normals of extremely high deductibles and the elimination of so-called "Cadillac" plans; i.e., what we used to call comprehensive coverage. What's not to love about PPACA from an insurer's p.o.v.?

    Besides, they know they can throw their phat coin at Congress and eventually obtain even more concessions, such as the 5-1 ratio on us olds.

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