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


To: Road Walker who wrote (13715)3/2/2010 10:49:30 AM
From: TimF  Read Replies (1) | Respond to of 42652
 
LOL jet liners are not exactly mass consumer products.

No one claimed they where. What they are is an example of an industry with very little competition if your measuring competition by the numbers of sellers (which really isn't a good way to measure it, but its the most available simple proxy, even if its far from an ideal one).

Moving to a mass consumer product, there are basically only three car companies in the US (ignoring a few small niche players who cover almost none of the market). We have a lot more than three choices, only because we not only have a single national market, we have an international market. Can you imagine if you could only by cars manufactured in your state, or even if they could be manufactured in any state but each state had its own separate specifications and rules for what types of cars could be built and what equipment they had to have and could not have?

Same should be true of insurance that doesn't work... can be canceled on an insurance company whim.

Truly canceled on a whim would be fraud. It wouldn't need regulation in the strict sense of the term, prosecution and lawsuits for fraud would apply. Of course the issue here isn't purely at a whim, but in cases when there is some justification, and the regulation is to determine what justification is to be considered sufficient.