Business groups and health insurance companies declared war on proposed managed care regulations yesterday, targeting bipartisan legislation that would mandate consumer protections and make it easier to sue insurers.
The coalition released the first in a $1 million series of newspaper and magazine advertisements warning that several health plans want to pass laws it claims would drive up insurance costs and make it harder for employers to offer coverage.
"If Congress attempts to fix the system through legislation, they will literally do no better than promising yesterday's medicine to tomorrow's patients," Tony Burns, chief executive of truck rental company Ryder …