http://news.yahoo.com/s/ap/20091012/ap_on_go_co/us_health_care_overhaul_insurersSupporters of President Barack Obama's drive to remake health care are pushing back against a dire report from the insurance industry warning of hefty new costs for consumers from the latest legislation.
"I really don't think it's worth the paper it's written on," AARP Executive Vice President John Rother told reporters Monday. "If anyone believes it, that's a problem."
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Democrats and their allies criticized the report as biased. Health economist Len Nichols of the New America Foundation contended that, among other problems, the study failed to take into account the impact of subsidies that would help low- and middle-income people buy coverage. He said it also left out a key expected impact of a proposed new tax on high-value insurance plans, which is a reduction in the use of health services.
"It was paid for by people who are not interested in an objective analysis of the truth but are interested in a particular point of view being inserted into the political process right now," Nichols said.