MEET WENDELL POTTER…. If you missed Bill Moyers’ interview on Friday night with Wendell Potter, take the time to watch it online. Potter’s perspective matters a great deal — after nearly 20 years as an executive at a major health insurance company, he’s become a whistleblower, explaining the way the industry “put profits before patients,” and is doing everything possible to block health care reform now.
The entire interview really is, to borrow a phrase, must-see TV, but to just show two excerpts from the program, this one helps explain how and why Potter became disillusioned, and why he’s coming forward.
And this excerpt talks in some detail about how the industry operates.
This is his first television interview since leaving the health insurance industry, and it’s rather devastating. “Looking back over his long career, Potter sees an industry corrupted by Wall Street expectations and greed. According to Potter, insurers have every incentive to deny coverage — every dollar they don’t pay out to a claim is a dollar they can add to their profits, and Wall Street investors demand they pay out less every year.”