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Published by Michael Bradley

Contact us: Publisher@bradleyreport.net Webmaster@bradleyreport.net

Copyright © 2002 

Michael Bradley

 

 

Obama 'Calls Out' Health Care

President Barak Obama put himself in new territory when he recently labeled the national health insurers “dishonest.” He immediately made this powerful, rich and nation-wide group of businessmen, who regularly pump vast amounts of cash into campaigns at all levels of government, permanent enemies.

Certainly the bankers, lenders, insurers and other money dealers already consider Obama a threat; they should. Obama has drafted painful pay cuts for many of the companies the nation saved by tax dollars when they might otherwise have failed, thereby drawing the United States into another Great Depression. So the bankers and their comrades swallowed the pay cuts.

While Obama drew sharp criticism for wielding federal power so freely, he was really doing what the bigwigs do on their own – make massive money moves to benefit their stockholders, only in Obama’s case, the stockholders are the citizens of the country. Taken from that perspective, the president is playing the big money game just like the private sector people, although he’s seeking a different outcome.

Things differ, however, when Obama is talking about health insurers. Those who deal in health insurance do not provide any health benefits at all; they monetarily broker doctors versus patients. Meanwhile, the health insurers are exempt from trust laws. With perfect protection from anti-trust prosecution, these health insurance people have it made.

Pres. Obama has dared to challenge them and their comfy status quo. He made his position crystal during a radio address. "They're filling the airwaves with deceptive and dishonest ads. They're flooding Capitol Hill with lobbyists and campaign contributions. And they're funding studies designed to mislead the American people," he said.

This is an unvarnished accusation. Obama charged that health insurers tell Americans and the legislative branch of the nation outright lies. In fact, health insurers have been telling lies all along, says Obama.

He does not expect grudging or even silent, tacit agreement with him from health insurers. Bankers are being saved by Obama’s moves, but the health insurers stand to lose much if America adopts the president’s health changes. They will fight Obama’s mega reforms with every weapon available. Should they lose this battle, they will lose their grasp on the vast wads of cash they now control without any oversight. Remember, they are exempt from laws on trusts; no one can touch them.

Obama has taken a profound step here; he has called out the health insurers as liars who directly hurt Americans. This is not couched in austere language to soften the blow to health insurers. He has identified the enemies and urged action against them.

In recent history, this is brand new territory, but it has echoes of the candor Harry S. Truman provided the country. He is correct, of course, that the insurance industry’s exemption from anti-trust laws is obscene.

            America's Health Insurance Plans spokesman Robert Zirkelbach said, "We are not trying to stop reform as some have suggested. We want reform that will work and can be sustained, and we are offering solutions to address the concerns." He said threats to repeal the industry's anti-trust exemption -- the McCarran-Ferguson Act, which kept regulation in the states' hands -- was "retaliation for us speaking out."

It isn’t and it wasn’t. The health insurance industry speaks out in a loud voice all the time, and has for years! But President Obama has now raised his voice against their arguments and on behalf of the American public. They don’t like it.

 

WF/MB

12/09