Insurance Industry Report: So Twisted Even Its Author Disowns It
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Turns out the “report” on health care reform, released by America’s Health Insurance Plans (AHIP), is being denounced by the very company that prepared it.
PriceWaterhouseCoopers (PwC) admits that at the request of AHIP, it cooked up the scariest scenario possible about the cost of health care reform and ignored factors that show health care reform could actually save money.
According to the Politico’s Live Pulse column, PwC released a statement
basically saying, “Hey, we weren’t paid to evaluate the effects of the entire bill, but rather a small slice of it.” The statement only seems to reinforce critics’ view that the report is skewed precisely because it doesn’t take into account the totality of reform.
The last, and key, line from the statement: “If other provisions in health care reform are successful in lowering costs over the long term, those improvements would offset some of the impacts we have estimated.”
In other words, PwC is saying if reform’s cost containment measures work, their estimate could be wrong.
