After the Health Reform Bill is Passed and Signed the Insurance Industry Will Be...

[John Q. Citizen]

[yourout]

1. Depends on the plan.....if it is a good one the insurance companys will be...

scrambling and in a year or two the survivors will be MUCH more interested in taking care of there customers.

[MrModerate]

2. Poised for a factor-of-10-shrinkage to a size appropriate to the value they actually deliver. n/t

[John Q. Citizen]

3. That's not what the pole reflects so far. My guess is

the health insurance companies will be much better off.

The house bill (what will probably be the most liberal bill) calls for a public option pool established by 2013. It also envisions 10 million people in the public option pool by 2020. That's not much. They built in all kinds of fire walls so that people and employers who already have insurance can't join the public pool.

You have to remember that the insurance lobby has been at the table, at the conferences, and supplying tons of campaign cash to all the committee chairs for a long time.

They aren't stupid and they see a chance to really make a lot more of a killing than even they do now.

That's my guess.


Someone posted a graphic of Aetna's stock performance and it doesn't look like their stock holders are in the least bit worried.

[MrModerate]

4. It's the hole in the dike. Ultimately, the insurance company as arbiter of health care . . .

is doomed. If for no other reason than the country will go broke and no one will be able to afford care.

If Obama is a good president, he'll put a few holes below the waterline of SS Insurance Industry. If he's a great president, he'll sink the bastard.

[John Q. Citizen]

5. The hole is in the treasury walls, though. The reforms i see occurring are community rating

and guaranteed issue.

But with access to the treasury that won't pose a problem and in fact will be better for the insurance companies.

They will still cherry pick and still deny payment, but it will be subtler.

[MrModerate]

6. Suffice it to say, I hope you're wrong. n/t

[gwashington2650]

7. No idea

We REALLY need some help, though.