A Christmas Gift for the Insurers?

I’m a little late on this, but had to share the latest evidence that investors in private health insurance companies feel they prevailed in their lobbying efforts over the Democratic health care bill. Here’s what happened after the Senate voted to break the Republican filibuster on Monday, according to the AP:

Dear Insurance Company, You Have a Right to be Wrong

Before the lunch break in the Senate Finance Committee’s markup on health reform legislation, members engaged in a long and ultra-wonky debate on Medicare Advantage. The debate was essentially about whether more than $100 billion in cuts to Medicare Advantage will lead to a reduction in benefits. At the risk of being unclear, the answer [...]