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Old 10-15-2009, 03:43 PM
 
31,387 posts, read 37,060,237 times
Reputation: 15038

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Health Car Industry breaks truce over health care reform and puts anti-trust protection on the table.

I love it.
"After the health-insurance lobby released a report trashing the Senate finance committee's health care bill and started airing granny-scaring TV ads, the Democrats decided playing defense isn't enough. Time to go after the insurance industry's antitrust exemption."
Senate Democrats threaten repeal of the insurance industry's antitrust exemption. - By Timothy Noah - Slate Magazine
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Old 10-15-2009, 03:50 PM
 
6,757 posts, read 8,287,348 times
Reputation: 10152
This could go a long way toward fostering true competition between the insurance companies. At least, it would be a step in the right direction.
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Old 10-15-2009, 07:15 PM
 
Location: Great State of Texas
86,052 posts, read 84,509,263 times
Reputation: 27720
So now we know..the insurance worked a deal years ago regarding anti-trust.

Now repealing that WOULD be a great start to health insurance reform.
Better that then throwing money into a broken system that has no chance of being fixed.
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Old 10-15-2009, 07:20 PM
 
Location: Hoboken
19,890 posts, read 18,758,413 times
Reputation: 3146
Make sure not to cross the government or they will pay you back. Remain silent and you will be taken care of.

By the way what industry wasn't caught up in the recent financial collapse? Yup the inurance industry because it is regulated by state governments not the Feds, smart move bringing insurance under Fed control.
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Old 10-15-2009, 07:25 PM
 
14,247 posts, read 17,927,270 times
Reputation: 13807
So ... who is in favor of free competition amongst insurance companies?
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Old 10-15-2009, 07:34 PM
 
Location: Chicago, IL
8,998 posts, read 14,791,063 times
Reputation: 3550
Quote:
Originally Posted by Jaggy001 View Post
So ... who is in favor of free competition amongst insurance companies?
Competition is nice but taking away the profit motive would be better.
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Old 10-15-2009, 07:39 PM
 
14,247 posts, read 17,927,270 times
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Quote:
Originally Posted by PurpleLove08 View Post
Competition is nice but taking away the profit motive would be better.
Lets take this one step at a time.

Should insurance companies be free to compete with each other or should they be protected from competition by state regulation and exemption from anti-trust. If they are to be protected then what does the American public get out of the deal?
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Old 10-15-2009, 07:44 PM
 
Location: Chicago, IL
8,998 posts, read 14,791,063 times
Reputation: 3550
Quote:
Originally Posted by Jaggy001 View Post
Lets take this one step at a time.

Should insurance companies be free to compete with each other or should they be protected from competition by state regulation and exemption from anti-trust. If they are to be protected then what does the American public get out of the deal?
Well I am known for wanting to put the horse before the cart...

But yes, insurance companies should be able to rip off as many people as they can in as many states as they can all in the sake of the all mighty dollar.
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Old 10-15-2009, 07:47 PM
 
6,734 posts, read 9,343,835 times
Reputation: 1857
Quote:
Originally Posted by ovcatto View Post
Health Car Industry breaks truce over health care reform and puts anti-trust protection on the table.

I love it.
"After the health-insurance lobby released a report trashing the Senate finance committee's health care bill and started airing granny-scaring TV ads, the Democrats decided playing defense isn't enough. Time to go after the insurance industry's antitrust exemption."
Senate Democrats threaten repeal of the insurance industry's antitrust exemption. - By Timothy Noah - Slate Magazine
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Old 10-15-2009, 07:48 PM
 
Location: Chicago, IL
8,998 posts, read 14,791,063 times
Reputation: 3550
^Let's just hope the measure passes....
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