“The Big Dog” Challenges Healthcare Insurers to Rein in Costs

Bill Clinton tells health insurers they need to make coverage more affordable.  Former President Bill Clinton warned the healthcare insurance industry that they need to move towards being an “in the future business” rather than holding on to obsolete, unsound business models.  In a recent keynote speech to America’s Health Insurance Plans’ annual conference, Clinton told the insurers’ trade group that he respected their support for healthcare reform.  He cautioned, however, that there is still work to be done.

“We now have to go after the cost in a way that improves the quality,” Clinton said.  “You did your part but it’s all gong to be for nothing unless we bring down the cost of healthcare.”  Clinton called on Congress to enact an amendment to the new healthcare law that specifically establishes a bipartisan commission whose goal is to determine the best practices in healthcare.  Clinton suggested that the panel be patterned after the National Commission on Fiscal Responsibility and Reform, which President Barack Obama created in February.  Its goal would be to devise solutions that rein in costs and improve the quality of care.  According to Clinton, the commission would ideally meet between its creation and 2014, when most of the reforms become effective.

“I don’t really care who’s at fault,” Clinton concluded.  “We need to figure out how to fix this healthcare thing.”

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