HIDE THE TRUTH UNTIL AFTER THE NEXT ELECTION "Transparency" LIAR!
Insurance companies could come out ahead, too.
"They'll get a big new market with millions and millions of new customers," said Gary Claxton, a health policy expert with the Kaiser Family Foundation. "Their average profit per person may not be as high, but they still should be able to earn a profit by insuring more people."
One major catch is that the consumer protections would not be available immediately. They are timed to take effect alongside government subsidies to help people buy coverage. In the House Democratic legislation, the coverage expansion would come in 2013 — after the next presidential elections. Part of the reason for the delay is to make the costs of the bill appear more manageable.
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