Bill Moyers: "Why is Too Much not Enough?"

[...]  Look at the health care industry saying to hell with consumers and then hiking premiums -- by as much as 39% in the case of Anthem Blue Cross in California. According to congressional investigators, over a two-year period Anthem's parent company WellPoint spent more than $27 million dollars for executive retreats at luxury resorts. And in 2008, WellPoint paid 39 of its executives more than a million dollars each. Profit before patients.

This week, America's Health Insurance Plans (AHIP), the health insurance industry's lobby, announced they'd be spending more than a million dollars on new television ads justifying their costs.

Speaking at their annual policy meeting in Washington -- and without a trace of irony -- AHIP's president and CEO Karen Ignagni declared, "The current debate about rising premiums has demonstrated that, in fact, we have a health care cost crisis in this country. Unfortunately, the path that has been followed is one of vilification rather than problem solving."

Beg pardon? You're lamenting a health care cost crisis and raising your premiums? Isn't that like the guy complaining there's an obesity epidemic in America while ordering a double Big Mac with extra fries?  more