Those private health care organizations are running scared and thats why they are now willing to commit to doing something about costs etc.What they are proposing is far to little in cost savings and the proposal lacks any real details of how they would achieve such savings,its just hot air from corporate types looking to protect their profits and keep themselves in buisness.
"The promise from organizations representing the insurance industry, hospitals, drugmakers, doctors and the country’s biggest union of health-care workers could result in a 20 percent reduction in the projected rate of increase by 2019. Such a move would free an average of $2,500 annually for a family of four within five years, the officials said.
Much of the savings will require Congress to overhaul the current health care system under a plan now being debated, the officials said. They provided few details about how the cuts would occur, and said they don't have a way to enforce the commitment. Health-care spending under the current structure is set to rise about 6.2 percent a year in the next 10 years, the Department of Health and Human Services has said.
“It’s great to see folks intending to work together to control costs, but the success will depend on actual implementation,” said Richard Kirsch, director of Health Care for America Now, a Washington-based group lobbying for Obama’s health plan and supported by groups including the AFL-CIO, a labor federation representing about 11 million workers.
" Supporting cost-cutting doesn’t mean insurers will stop fighting against Obama’s proposal to create a government-run health plan to compete with private insurance companies and help reduce costs, he said""
Thats what this is really about^^^^
They are running scared about the idea of a Govt plan that competes with them.They know they would never survive that.It is estimated that a single payer system eliminating the hundreds of seperate insurance company beauracracies would save 300 billion a year with no other cost restraints.That will be a good 1st step.