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View Diary: I feel sorry for health insurance companies. Yes, I said that. Why? This Time report must be read. (228 comments)

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  •  Taxpayers hve a right to challenge the tax exempt (8+ / 0-)

    ...status of many institutions. Kaiser Permanente, for instance, has been not for profit in Ca for over 50 years but times have changed since that relationship worked for the state's residents. Now that KP competes toe to toe with a for profit industry by raising prices residents should be wondering if that status should be reconsidered!

    •  Well, if taxpayers had rights, I'd agree.... (6+ / 0-)

      but since we're not real (read corporate) people, there's not much we can do, is there?

      Health insurance companies are the only industry - other than major league baseball - that is exempt from the anti-trust laws, so they can legally collude and fix the markets they operate in.

      The result of that is that almost every market in the USA has 1 or 2 dominant carrier(s), making competition non-existant and the barrier to entry insurmountable.

      Medicare for All? It's the only rational answer to this mess.

      Cheers.

      Against stupidity the gods themselves contend in vain. Friedrich Schiller

      by databob on Thu Feb 21, 2013 at 09:06:06 AM PST

      [ Parent ]

      •  Maybe, maybe not (0+ / 0-)

        There is great sensitivity to public opinion, complaints, LTE's, etc. and the possibility of increased attention from regulators...

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