For indispensable reporting on the coronavirus crisis, the election, and more, subscribe to the Mother Jones Daily newsletter.

A few days ago I blogged about a supposedly blockbuster announcement from a group of healthcare executives: they were 100% with President Obama on his crusade to cut skyrocketing medical expenses and figured they could reduce the growth of healthcare costs by 1.5 percentage points a year.  That’s a cool $2 trillion over ten years.

That was on Monday, and nobody seemed to have a problem with the announcement.  Ditto for Tuesday and Wednesday.  On Thursday, however, after, um, consultations, the healthcare honchos started rowing things back:

The president of the American Hospital Association said Thursday that a deal with the White House to cut the growth in health care spending has been “spun way away from the original intent.”

….But in a conference call Thursday, President Richard Umbdenstock told 230 member organizations that the agreement had been misrepresented. The groups, he said, had agreed to gradually ramp up to the 1.5 percentage-point target over 10 years — not to reduce spending by that much in each of the 10 years.

I’m sure the reason it took them three days to correct the record is because they were in such a state of shock initially that they could hardly pick their jaws off the ground.  And the reason they all stood around beaming for the cameras when Obama made the announcement is because they were simply paralyzed in The Presence.  And the reason they’re changing their tune now, away from the spotlights, has nothing to do with the fact that they never had the slightest intention of seriously following through on their cost-cutting promises in the first place.

And I have a bridge to sell you.

Look: I never believed the $2 trillion number.  But after weeks of work and a big public announcement, it’s just pure mendacity to pretend that they were taken by surprise and had never agreed to anything beyond a “general commitment to be part of bending the cost curve.”  Spare me.

These guys are never going to be partners in any kind of real reform of healthcare.  Never.  Beneath the smiles and the photo-ops, I sure hope the Obama team understands this.

DEMOCRACY DOES NOT EXIST...

without free and fair elections, a vigorous free press, and engaged citizens to reclaim power from those who abuse it.

In this election year unlike any other—against a backdrop of a pandemic, an economic crisis, racial reckoning, and so much daily bluster—Mother Jones' journalism is driven by one simple question: Will America move closer to, or further from, justice and equity in the years to come?

If you're able to, please join us in this mission with a donation today. Our reporting right now is focused on voting rights and election security, corruption, disinformation, racial and gender equity, and the climate crisis. We can’t do it without the support of readers like you, and we need to give it everything we've got between now and November. Thank you.

DEMOCRACY DOES NOT EXIST...

without free and fair elections, a vigorous free press, and engaged citizens to reclaim power from those who abuse it.

In this election year unlike any other—against a backdrop of a pandemic, an economic crisis, racial reckoning, and so much daily bluster—Mother Jones' journalism is driven by one simple question: Will America move closer to, or further from, justice and equity in the years to come?

If you're able to, please join us in this mission with a donation today. Our reporting right now is focused on voting rights and election security, corruption, disinformation, racial and gender equity, and the climate crisis. We can’t do it without the support of readers like you, and we need to give it everything we've got between now and November. Thank you.

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate