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Outliers: Quotable

By Modern Healthcare
Posted: March 30, 2013 - 12:01 am ET

“We were prepared to do that had we had the votes to do it after the election. Well, the election didn't turn out the way we wanted it to. The monstrosity has ... begun to be implemented, and we're not giving up the fight.”

—Sen. Mitch McConnell (R-Ky.), in an interview with the National Journal on the GOP's “secret plan” to repeal Obamacare

“Actuaries tend to be financially conservative, so the various assumptions might be more inclined to consider what might go wrong than to anticipate that everything will work beautifully.”

—Recently retired Medicare chief actuary Rick Foster on a report from the Society of Actuaries finding that insurers will have to pay an average of 32% more for medical claims under the PatientProtection and Affordable Care Act

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