Financial Times FT.com

US health insurers

Published: October 30 2009 09:29 | Last updated: October 30 2009 19:00

When the US congressional debate on healthcare heated up in June, Barack Obama’s chief of staff said the only non-negotiable point was success. “Everything else is negotiable.” One could have interpreted this statement as bravado or an acknowledgement that the administration’s blueprint might look quite different once 535 members of Congress and countless lobbyists finished with it. The latter is evident in the still-evolving versions of legislation.

In the sick house

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