Nancy Pelosi Lambastes Insurance Companies as 'Immoral'

2 years ago

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Woman Up Editor

House Speaker Nancy Pelosi has identified insurance companies as "immoral . . . villains" in Congressional efforts to construct a health care policy more responsive to the needs of all Americans.

Fearing that government-sponsored health coverage would siphon customers from the 70 percent of the population now covered by self- or employer-paid plans, the insurance industry has been aggressively opposed to the so-called "public option" being pushed by President Obama. Insurers have spent millions on advertising, lobbying, and campaign contributions.

In a statement Thursday to reporters -- intended to rally Democrats -- Pelosi added that insurance companies have had a "good thing going for a long time at the expense of the American people."

Filed Under: Health Care, Woman Up

Tagged: insurance, nancy pelosi, NancyPelosi, public option, PublicOption, top stories, TopStories

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