Eugene David ...The One-Minute Pundit |
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Sunday, April 01, 2007
Two of Pennsylvania's "Blues" are rubbing their hands and smacking their lips for a merger, and:
At the news conference, Melani and Frick were asked three times whether the merger would lead to lower insurance premiums. The first time, Frick said the merger would help keep "health care affordable and accessible to the people in the commonwealth." The second time, Melani said the companies intended to "use the savings to give back to our customers" and subsidize the uninsured. The third time, Melani said that holding administrative fees flat "equates to a premium savings they would not have otherwise experienced. So yes, that's the answer. There will be savings from this that will go to help make health care more affordable." Health-care experts said there was little chance of falling premiums because other costs were rising. Is everybody a politician?
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