Out of the goodness of the health insurance industry's heart, I'm sure, they're now offering a series of cuts amounting to two trillion over the next ten years. Anything to keep a public option off the table, right? The real question is how much more money will they be forced to cut in order to compete with the public option when it passes anyway?
BTW to the Obama industry. These aren't actual "savings." That number represents the insurance industry saying they'll lessen the rate at which their insurances become more expensive - a rate that will almost certainly continue to rise above inflation. Compare that to a government option and people who take that option could instantly save 20-30% whilst receiving better care. Thankfully, the American people aren't dumb. This "deal" is actually the HMOs' flailing, last gasp.