Are you guys sure these reform bills would result in these losses for insurance companies? I understand some of the reforms (no caps, no recision, etc.) will mean they can't cut losses like they used to, but both House and Senate versions of the bill have the universal mandate. This means people who are generally low risks will be paying in.
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Maybe this deserves another thread, but anyone have any guesses on how the cloture vote this evening will go?
Also, as a procedural issue, even though this vote is strictly to open debate (or to prevent a filibuster) is it de facto the final vote? In other words, if cloture passes and debate starts, amendments discussed and voted in or out, and a motion is made to vote on a final version, will that vote again have to be a supermajority to avoid Republican obstruction, or does a simple majority take it at that point?
My understanding is that 60 votes would be required at both of these points.
And if that happens, it will need to happen all over again when the House and Senate bills are merged.