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meetings on health reform planned for this week alone.<br />

The more underhanded gambit is <strong>the</strong> decision to bash <strong>the</strong> insurance industry at every turn. Ms Pelosi now<br />

calls its bosses “villains”, while Mr Obama wags a disapproving finger. This will score some political points,<br />

as many Americans have a deep (and often well-founded) distrust of health insurers. But <strong>the</strong> tactic could<br />

<strong>ultimate</strong>ly hobble or even doom reform. That is because <strong>the</strong> health insurance lobby may prove to be Mr<br />

Obama’s most important friend this year.<br />

Though it has a shameful history, <strong>the</strong> insurance industry has done a U-turn of late. It now accepts <strong>the</strong><br />

need for a radical overhaul of insurance markets through measures such as guaranteed issue of coverage<br />

and <strong>the</strong> creation of health insurance “exchanges”. But its leaders are increasingly unhappy about <strong>the</strong> shrill<br />

attacks. Can Mr Obama continue to bash <strong>the</strong> insurers one day and rely on <strong>the</strong>m <strong>the</strong> next?<br />

Copyright © 2009 The Economist Newspaper and The Economist Group. All rights reserved.<br />

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