Dead horse keeps getting a beating...

Oct 20, 2009 15:53

For Insurers, a Question of Trust (and Antitrust) - Prescriptions Blog - NYTimes.com:“Providing an exemption for insurance companies to antitrust laws has been anticompetitive and damaging to the American economy,” Mr. Reid continued. “Health insurance premiums have continued to rise at a rapid rate, forcing businesses to cut back on health insurance coverage and forcing many families to choose between health insurance and basic necessities.”

He added: “Insurance companies have become so large they dominate entire regions of the country. They have become so powerful they block start-up businesses from entering the market, and they put smaller companies out of business. They have become so dominant that they dictate business practices. They are so influential that they exert tremendous influence over public policy.”

If this ever passes, I won't have anything to blog about.  That will be a fine day in my world...

healthcare

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