Competition lacking among private health insurers
source: http://www.google.com/hostednews/ap/article/ALeqM5hN0cAfY9X-3PKZFdgeAhiCvCUG8gD9A7VCQG0
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- TheRealEdwin
- added this
Looks like the free market in health care isn't so free.
Quote:
One of the most widely accepted arguments against a government medical plan for the middle class is that it would quash competition — just what private insurers seem to be doing themselves in many parts of the U.S.
Several studies show that in lots of places, one or two companies dominate the market. Critics say monopolistic conditions drive up premiums paid by employers and individuals.
Quote:
One of the most widely accepted arguments against a government medical plan for the middle class is that it would quash competition — just what private insurers seem to be doing themselves in many parts of the U.S.
Several studies show that in lots of places, one or two companies dominate the market. Critics say monopolistic conditions drive up premiums paid by employers and individuals.
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