According to an email I just received, the head honcho of United HealthCare (along with four other industry titans) recently met with HHS Secretary Shecantbeserious, as well as some folks from the National Association of Insurance Commissioners, to discuss health care costs.
Mr Hemsley (the aforementioned CEO of UHC) tried to explain to Secretary Shecantbeserious, the NAIC folks and President Obama (who attended for a short time before heading out, presumably for a smoke break) that, in order to continue providing increased access to the quality care to which we've become accustomed, something must be done to rein in the costs of that care.
Or, as he put it (obviously quoting InsureBlog):
"The cost of insurance is driven by the underlying cost pressures we see throughout the health care system."
Couldn't have said it better ourselves.
Mr Hemsley (the aforementioned CEO of UHC) tried to explain to Secretary Shecantbeserious, the NAIC folks and President Obama (who attended for a short time before heading out, presumably for a smoke break) that, in order to continue providing increased access to the quality care to which we've become accustomed, something must be done to rein in the costs of that care.
Or, as he put it (obviously quoting InsureBlog):
"The cost of insurance is driven by the underlying cost pressures we see throughout the health care system."
Couldn't have said it better ourselves.
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