Still think this health insurance bill wouldn’t be a massive gift to the insurance companies? Then you should definitely read this Raw Story write-up of my nearly hour-long interview with former Cigna executive-turned-whistleblower Wendell Potter, in which he details all the ways insurers can game the proposed health insurance legislation:
Wendell Potter, a twenty-year veteran of the insurance industry and former vice president of communications for Cigna, warns that current healthcare legislation does nothing to prevent the insurance industry from continuing its ongoing practice of increasingly shifting healthcare costs to consumers.
A form of bait-and-switch, such practices often set up individuals, families and small businesses for inadequate or unaffordable access and a continued looming threat of financial ruin. The overlooked element, Potter says, is that insurance companies will be able to claim they are reducing premiums by forcing more Americans to pay higher deductibles and offering less coverage.