Health-Care Industry <3s Reform?

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The health insurance industry turned against the Affordable Care Act before the law passed, arguing that the onerous new regulations and reforms would make their business unsustainable. But despite its vocal objections, industry insiders now appear to believe that reform will help health insurers and other big stakeholders. Politico reports that industry investors are becoming more confident that President Barack Obama’s health care initiative won’t massively disrupt the health industry and is likely to bring insurers new business.

“There was initially a concern among investors that health reform would kill their business model. Now, that hasn’t happened,” one health care investor told the paper. The story continues: “[I]nvestors say they’re increasingly optimistic on health insurers’ future for two crucial reasons: regulations released this year have been relatively industry-friendly, increasing stability, and the health reform’s new business opportunities are beginning to look more tangible.”

What’s more, health-care investors and insurance executives at a recent conference barely addressed the House GOPers’ health-care repeal bill, dismissing it as merely a symbolic gesture. Their working premise seemed to be that the major elements of health reform—including the individual mandate and insurance exchanges—are going to be coming on line as planned.

Such realities could undercut Republican claims that federal health reform will massively disrupt the insurance and health-care marketplace, with industry-choking regulations that bankrupt insurers. The health-care industry itself has remained largely mum in the latest round of this debate. But this might be an argument the Democrats can use—industry is not asking for repeal—when Congress resumes the repeal debate on Tuesday.

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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