Last weekend the lobby for U.S. health insurance corporations, AHIP, released a report it commissioned from the consulting arm of PriceWaterhouseCoopers. It indicated that insurance costs would skyrocket if the “Baucus Bill” before the Senate Finance committee, a bill that would regulate insurance companies (and insurance executive salaries) became law.
Surprise!
But not so fast. Page E-1 of the PwC paper explains:
NotionsCapital 