Democrats have great things to say about insurance companies. Here's the short article:
Top Democrats point finger at insurance industry
Posted: 03:44 PM ET
From Deirdre Walsh
CNN Congressional Producer
WASHINGTON (CNN) — As Congress prepares to head into a monthlong August recess, Democratic leaders on Capitol Hill ripped into the insurance industry, framing the health-care debate as a battle against insurers.
“They are the villains in this,” Speaker Nancy Pelosi told reporters. She labeled industry practices as “immoral.”
Pelosi predicted that as members go to their districts next month and explain the Democrats’ health-care plan, it will pick up support. But she pointed directly at insurers as standing in the way of health-care reform, highlighting their opposition to having a government-run plan compete with private insurers.
“They are doing everything in their power to stop a public option from happening, and the public has to know that,” she said.
Senate Majority Leader Harry Reid also called out insurers at a news conference Thursday.
“I don’t think we should be crying great big tears for the insurance industry,” he said. “There is no business in America that makes more money than the insurance industry. Over the past 10 years their profits have been increased by over 450 percent.
Top Democrats point finger at insurance industry
Posted: 03:44 PM ET
From Deirdre Walsh
CNN Congressional Producer
WASHINGTON (CNN) — As Congress prepares to head into a monthlong August recess, Democratic leaders on Capitol Hill ripped into the insurance industry, framing the health-care debate as a battle against insurers.
“They are the villains in this,” Speaker Nancy Pelosi told reporters. She labeled industry practices as “immoral.”
Pelosi predicted that as members go to their districts next month and explain the Democrats’ health-care plan, it will pick up support. But she pointed directly at insurers as standing in the way of health-care reform, highlighting their opposition to having a government-run plan compete with private insurers.
“They are doing everything in their power to stop a public option from happening, and the public has to know that,” she said.
Senate Majority Leader Harry Reid also called out insurers at a news conference Thursday.
“I don’t think we should be crying great big tears for the insurance industry,” he said. “There is no business in America that makes more money than the insurance industry. Over the past 10 years their profits have been increased by over 450 percent.
