Saturday, February 11, 2012

Shameful: Reuters uses disgruntled former insurance spokesman to corroborate claim contraception doesn't cost insurance companies money




Here is the spin from Reuters.
Aetna, the third-largest U.S. health insurer, said it would comply with the policy, but needed, "to study the mechanics of this unprecedented decision before we can understand how it will be implemented and how it will impact our customers."

An Aetna spokeswoman said the company, "did not have any direct input into the actual policy decisions that were made."

The administration says insurers should ultimately make up any initial costs by avoiding expenses associated with unintended pregnancies.

That view was echoed by Wendell Potter, former top spokesman for insurer Cigna Corp who is now an industry critic.



"Providing contraception, even for free, is cost-effective for insurers so I don't think they'll balk," he said, adding it could even save them money in the long run.

"It may add a little administrative complexity to what they do, but they can deal with it."
Wendell Potter is a disgruntled former Cigna employee with a tell all book, Deadly Spin, he is pimping.The spin in this story is on Reuters. If providing contraception for free was cost effective, Obamacare wouldn't have needed this additional mandate.

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