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Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (13604)2/27/2010 8:28:03 AM
From: Alighieri  Read Replies (2) | Respond to of 42652
 
Most everything has more competition than insurance.

I can see how creating more competition among insurance companies addresses their costs and profits, but how does it address the fundamental problem...escalating medical expenses?

Al



To: Road Walker who wrote (13604)3/1/2010 12:39:59 PM
From: TimF  Read Replies (2) | Respond to of 42652
 
Most everything has more competition than insurance.

There only seems to be a severe lack of competition problem, in a few states.

Its doesn't have the number of competitors that small scale services, or many forms of cheap consumer goods have, but its far from being the only area with a relatively few large competitors taking most of the market, largely due to economies of scale.



To: Road Walker who wrote (13604)3/1/2010 3:05:17 PM
From: TimF  Respond to of 42652
 
BTW:

House passes repeal of McCarran-Ferguson Act for health insurers


My guess is it will have little impact on health care or health insurance costs and prices.

It should weaken the "evil oligopoly insurance companies screw you so we need health care reform argument", but I don't think it will have much impact there either.