After more than a year battling Democratic health-overhaul proposals, insurers face changes that will reshape their market. But they also realize it could have been worse.
With the legislation and the expected package of changes, insurers stand to get more than 20 million new customers. New health-insurance "exchanges," where consumers can shop for policies, will provide an easy way to reach these new customers. And the penalty for people who don't buy in is somewhat tougher than laid out earlier.
Meanwhile, taxes on the industry of roughly $70 billion over the next 10 years, once slated to go into effect ...
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