Saturday, September 11, 2010

Obama admin. threatening Health Insurance companies for telling the Truth

We read:
"President Barack Obama's top health official on Thursday put the insurance industry on notice that the administration will not tolerate blaming premium hikes on the new health overhaul law.

"There will be zero tolerance for this type of misinformation and unjustified rate increases," Health and Human Services Secretary Kathleen Sebelius said in a letter to the insurance lobby.

"Simply stated, we will not stand idly by as insurers blame their premium hikes and increased profits on the requirement that they provide consumers with basic protections," Sebelius said.

Source

How are the companies going to provide the extra benefits mandated by Obamacare without charging more?

Posted by John J. Ray (M.A.; Ph.D.).

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