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Saturday, August 15, 2009
American health care: Friend or foe? | The Economist
It is not wise for Democrats to bash America's health insurers
The more underhanded gambit is the decision to bash the insurance industry at every turn. Ms Pelosi now calls its bosses “villains”, while Mr Obama wags a disapproving finger. This will score some political points, as many Americans have a deep (and often well-founded) distrust of health insurers. But the tactic could ultimately hobble or even doom reform. That is because the health insurance lobby may prove to be Mr Obama’s most important friend this year.
Though it has a shameful history, the insurance industry has done a U-turn of late. It now accepts the need for a radical overhaul of insurance markets through measures such as guaranteed issue of coverage and the creation of health insurance “exchanges”. But its leaders are increasingly unhappy about the shrill attacks. Can Mr Obama continue to bash the insurers one day and rely on them the next?
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