Still think this health insurance bill wouldn't be a massive gift to the insurance companies? Then you should definitely read this Raw Story write-up of my nearly hour-long interview with former Cigna executive-turned-whistleblower Wendell Potter.
Potter details all the ways insurers can game the proposed health insurance legislation:
The Democrats' healthcare overhaul, billed as a monumental game-changer for Americans' health insurance coverage, provides numerous loopholes for health insurance companies which will allow them to raise rates to protect profit margins, a health insurance whistleblower says.
Wendell Potter, a twenty-year veteran of the insurance industry and former vice president of communications for Cigna, warns that current healthcare legislation does nothing to prevent the insurance industry from continuing its ongoing practice of increasingly shifting healthcare costs to consumers.
A form of bait-and-switch, such practices often set up individuals, families and small businesses for inadequate or unaffordable access and a continued looming threat of financial ruin. The overlooked element, Potter says, is that insurance companies will be able to claim they are reducing premiums by forcing more Americans to pay higher deductibles and offering less coverage.
EXCLUSIVE: My Interview with Health Insurance Whistleblower Wendall Potter
Posted by: Brad Jacobson | January 20, 2010 at 12:08 PM
A message pops up that the URL for the link to the interview is not valid so no link is possible.
Posted by: Theo | January 20, 2010 at 02:34 PM
Well done. Potter has been a valuable voice on reform.
Posted by: Batocchio | January 21, 2010 at 01:53 PM
Insurance rates rising is no surprise, especially in this economy.
http://elmike.wordpress.com
Posted by: Mike Elman | April 13, 2010 at 08:09 PM
Hello, We searched for this pon Google and wanted to state for the superb read. I would have to agree with it, thank you once again!
Posted by: oakley sunglasses | June 09, 2011 at 05:18 AM
I'm glad that I found it. very much appreciated. Thanks
Posted by: anita | July 06, 2011 at 06:27 AM
Thank you, it's been very interestingly. Good stuff. It is interesting to read comments.
Posted by: girls | July 07, 2011 at 10:11 AM
Great stuff, I learn a lot from this information. Keep it up with the interviews.
Posted by: Memory Pro | July 19, 2011 at 07:21 PM
Yes, great article. I have bookmarked your blog.
Posted by: Acetaminophen | July 29, 2011 at 02:34 PM
Every commodity you pick up in the market is so expensive. no wonder insurance rates are rising by the day. I found this article very informative and useful.
Posted by: Rehan Oberoi | August 01, 2011 at 12:24 PM
It’s difficult to get knowledgeable people today on this subject, but you sound like you know what you are talking about. We are now aware and more careful about gettng insurances. Thanks for this informative post.
Posted by: Gastric Bypass Man | August 08, 2011 at 11:37 PM
Health insurance will take care of health and ensure that the organization does not suffer. These are just some of the key benefits of group health insurance and if you are worried about the most important assets of your organization your employees you should take all the care you can ensure that your health is supported and motivated to perform each task.
Posted by: International Health Insurance Deals | August 27, 2011 at 03:16 AM