AP TO OBAMA: YOU'RE OVERREACHING AND MAKING US LOOK BAD

Do you get the feeling that the Associated Press is trying to tell Obama something? Following their FACT CHECK after Obama's speech to Congress that was suprprisingly candid, they are warning: "Policyholders could pay more under Obama plan"

• The Obama plan would impose new costs on insurance companies, which would probably then raise the prices customers pay for coverage.
• Obama would also charge insurers a fee for their most expensive policies as a way of encouraging insurers to keep costs low and keep their rates low.
• Max Baucus has proposed a a new fee on insurers that would subsidize coverage for uninsured Americans. The fee would generate about $6 billion a year.
• Covering tens of millions more Americans would heap hundreds of billions of dollars in costs on managed care companies.
• Consultants estimate Obama's priorities would shower the industry with at least $1 trillion in new revenue from premiums over the next decade.
• Another analyst, David Bachman of Longbow Research in Independence, Ohio, expects spending on doctor visits would jump $8.5 billion a year under Obama's proposal.

"They're going to raise premiums on employers, who are going to raise costs for employees, " a consultant said.

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