Testimony of Wendell Potter, June 24, 2009
My name is Wendell Potter and for twenty years I worked as a Senior Executive at health insurance companies, and I saw how they confuse their customers and dump the sick - all so they can satisfy their Wall Street investors.
I know from personal experience that Members of Congress and the Public have good reason to question the honesty and trustworthiness of the health insurance industry. Insurers make promises they have no intention of keeping, they flout regulations designed to protect consumers, and the make it nearly impossible to understand - or even obtain- the information we need.
If you wish someone had spoken honestly about the investment banks before they imploded, here is your chance to read someone who is speaking about health insurance before it does.
Every one of you Congressman has the opportunity to ignore this testimony... If you let him.
One solution is to ask for H.R.676, and stop the next Government bailout of a private company.