Why Would We Let Them Rig the Game?

[Christa]

A most excellent article by Dylan Ratigan

Host of "Morning Meeting with Dylan Ratigan" on MSNBC



Read more at: http://www.huffingtonpost.com/dylan-ratigan/why-would-we-let-them-rig_b_302480.html

Why is health insurance the only business that has an exemption from the Sherman Anti-Trust Act other than Major League Baseball? If the delivery of taxpayer trillions by our politicians to the banks to support their fraudulently paid bonuses hasn't shown you what our current government's values are, check this link out.

Through the governmental negligence that we as voters allowed, a health care system was created in which a single health care company controls at least 30 percent of the insurance market in 95% of the country, including states like the following:

Maine, where Wellpoint controls 71% of the market.

North Dakota, where Blue Cross controls 90% of the market.

Arkansas, where Blue Cross Blue Shield controls 75% of the market.

Alabama, where Blue Cross Blue Shield controls 83% of the market.

This monopoly, combined with the misaligned incentives that trap people in employer-based health care, is causing the skyrocketing health care costs that are hurtling our nation towards bankruptcy.

I don't know what's worse: that most Republicans seem to be against ending this unfair legal protection for an entrenched industry that is ruining our country with their non-competitive practices, or that most Democrats seem to be threatening this arrangement only as a bargaining chip to push for a meaningless public option that wouldn't be accessible to almost 85% of the population?




Read more at: http://www.huffingtonpost.com/dylan-ratigan/why-would-we-let-them-rig_b_302480.html







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[Captain Hilts]

1. Not acceptable. nt