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Don't trust insurance industry

"Health reform will fail unless we get serious cost control — and we won't get that kind of control unless we fundamentally change the way the insurance industry, in particular, behaves," wrote columnist and economist Paul Krugman. "So let me offer Congress two pieces of advice: 1) Don't trust the insurance industry. 2) Don't trust the insurance industry."Krugman said that "it's a sign of the way the political winds are blowing that insurers aren't opposing new regulations," but he argued that "the insurance companies will do nothing to reform themselves unless forced to do so."

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