Wendell Potter, former health care executive: "We will be essentially paying a tax that will help support these insurance companies. It will be an enormous bailout of the health insurance industry." Partial transcript after the jump.

Think Progress recaps:

POTTER: Yeah, this is the first time that the insurance industry has really seen great opportunity in healthcare reform, with an individual mandate, which would require all of us to buy insurance if we are not eligible for a public, government-run program, which, fortunately, many people are. We would have to buy it in the private market from insurance companies, many of whom-many of which are for-profit companies. … So billions and billions of taxpayers' dollars will flow right into the treasuries of these big for-profit insurance companies. So we will be essentially paying a tax that will help support these insurance companies. It will be an enormous bailout of the health insurance industry.


Health Insurance Stocks Rise After Defeat Of Public Option Amendments
[Think Progress]

Related:

July 10, 2009 - Bill Moyer's Journal [PBS]
The Making of a Health-Care Whistle-Blower [Time]