Snake Oil?

So, Barack Obama has gotten the medical industry to promise $2 trillion in health care savings over the next 10 years, by limiting medical inflation to "only" 4.7% a year.

I think that it's clear that the medical industry is lying, but I have no clue as to what Obama is up to, except perhaps that this is a preemptive strike to prevent the public option from being discussed...I'm not smart enough to figure out another reason.

Me, I'd bank on the fact that almost everyone hates their insurance company, and wage Jihad against them, but that is just me.

Maybe there is some sort of Obam jujitsu going on here, and I just don't see it.