The medical industry grumbles, but it stands to gain

New York Times, November 9, 2009

The business world found plenty to complain about as it assessed the House bill that would make sweeping changes in the healthcare system and extend insurance coverage to millions more Americans, the New York Times reports. Insurers do not like the provision to create a new government-run insurance program. Drug makers oppose billions of dollars in rebates they would have to give to the government over 10 years. Medical devices are not happy about the proposed 2.5% tax on their products. And employers oppose rules that, for many of them, would make healthcare coverage a federally mandated obligation.


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