Wednesday, June 17, 2009

Dean On Conrad's Co-op Plan: Insurance Industry Licking Its Lips

Sen. Kent Conrad's proposal for a cooperative approach to health insurance coverage has created a unique challenge for progressive health care advocates who don't object to the idea but find it inadequate. Hoping not to seem uncompromising on what is health care reform's bipartisan flavor for the day, several high-profile figures began a push-back on Monday, insisting that while Conrad's idea was well intentioned, it simply would not suffice.

"This is a big mistake," former Gov. Howard Dean told the Huffington Post. "These co-ops will be very weak. Many won't have the half-million members that most experts think is necessary to influence the market... Insurance companies will be licking their lips."

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