Last week, the National Journal reported that in 2011, the health insurance industry lobby group AHIP (America’s Health Insurance Plans) quietly funneled $850,000 to the NFIB – the self-proclaimed “Voice of Small Business” – as part of a campaign to repeal a key provision of Obamacare. Continue reading
The ink may have dried on the federal health care reform bill, but the health insurance industry isn’t packing up its bag of tricks and going quietly into the night. Instead, insurers actually appear to be stepping up their attempts to game the system, seeking to exploit the window of opportunity before new rules and regulations take effect. They’re scheming to (a) inflate their rates, (b) kick customers with health issues off their rolls, and (c) employ creative accounting to reclassify costs, all in the interest of maximizing short-term profits. Continue reading
