HR 3962: how the AMA, AARP, and insurers benefit
November 10th, 2009 | by Brian Schwartz |Dick Morris and Eileen McGann describe how the American Medical Association, the AARP, and health insurance companies, benefit from the House Health Reform Bill (HR 3962) at the expense of everyone else. (Well, except for politicians.)
The AMA: Politicians promise not to cut Medicare’s reimbursement rates to doctors. Do they really believe politcians’ promises?
For more on the AMA, see: Who Does the AMA Really Represent?
The AARP: It sells Medi-Gap insurance, which covers what traditional Medicare does not. Yet, Medicare Advantage, a way for those eligible for Medicare to buy a product from a private insurer, offers an alternative to this. The House Bill cuts payments to Medicare Advantage plans.
Insurance companies: HR 3962 makes it a crime not to buy their products.
(via FIRM)
tags: AARP, American Medical Association, HR 3962, rent seeking
