Obama’s comments come as the insurance industry is intensifying its lobbying against the public insurance option. On Tuesday, the nation’s largest insurance industry group, America’s Health Insurance Plans, said a government-run program would bring “devastating consequences” and “dismantle employer-based coverage, significantly increase costs for those who remain in private coverage, and add additional liabilities to the federal budget.”
Insurance Companies: Public Health Option Would Be “Devastating”
HeadlineJun 24, 2009