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Pining for a taxpayer bailout, for-profit health insurance industry threatens massive post-Covid premium hikes

APRIL 15, 2020 | by Eoin Higgins | COMMON DREAMS

By Eoin Higgins, includes “A lobbyist told The Hill in an interview Tuesday that unless the insurance industry receives a federal bailout, companies intend to raise premiums on Americans due to the effects of the coronavirus outbreak on private employer-based plans—a threat that progressives said only strengthens the case for a single-payer, Medicare for All system. ‘Nationalize them,’ Boston-based activist Jonathan Cohn said of insurance companies.”

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