ARI Media Feed Posted January 23, 2014 Report Share Posted January 23, 2014 [T]he health insurance industry is the shark that swims just below the water, and you don’t see that shark until you feel the teeth of that shark. —Senator Jay Rockefeller, February 2010 It was sentiments like these that President Obama’s signature legislation addresses. One of the main goals of the Patient Protection and Affordable Care Act, signed into law on March 23, 2010, is to control health insurance, an industry plagued with problems, all of which supposedly share a common diagnosis. At the White House health summit, at which Rockefeller made the above comment, he continued (mixing metaphors), “Nobody has particular oversight of [health insurers]. . . . They can do what they want . . . . [Y]ou have to go at them to clip their wings in every way that you can.” He repeated, “This is a rapacious industry that does what it wants.” This paper was published at the Pacific Research Institute on January 22, 2014. Read it here. Link to original Quote Link to comment Share on other sites More sharing options...
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