Thursday, April 7, 2011

Wendell Potter: Pay Much Attention to the Insurers Behind Paul Ryan's Curtain

 

Ryan et al would never propose such a fundamental reshaping of those programs unless they were confident that corporate America stands ready to help them sell their ideas to the public. Like big business CEOs, Congressional Republicans wouldn't think of rolling out Ryan's budget plan without a carefully crafted political and communications strategy and the assurance that adequate funding would be available to carry it out.

Republicans know they can rely on health insurance companies -- which would attract trillions of taxpayer dollars if Ryan's dream comes true -- to help bankroll a massive campaign to sell the privatization of Medicare to the public.

    the insurers were lobbying hard for a provision in the bill requiring all of us to buy coverage from them if we're not eligible for a public program like Medicare or Medicaid. They won that round, too. That provision alone will guarantee billions of dollars in revenue the insurers would never have seen had it not been for the bill the president signed.

    behind the change in the Medicare program in the 1980s that allowed insurers to offer what are now called "Medicare Advantage" plans. The federal government not only pays private insurers to market and operate these plans, it pays them an 11 percent bonus. That's right: People enrolled in Medicare Advantage plans cost the taxpayers 11 percent more than people enrolled in the basic Medicare program.

    The insurers and their allies have demonstrated time and again that they can persuade Americans to think and act -- and vote -- against their own best interests.

     

Click on the following for more details: Wendell Potter: Pay Much Attention to the Insurers Behind Paul Ryan's Curtain

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