There are laws against Monopolies

BigTitLvr

Well-Known Member
According to Health America Now- Insurance premiums rose 97% from 2000-2008, while health insurance 'monopolies' report their highest ever earnings. But payments from the insurance companies to providers increased by only 72% during the same period, and underlying medical inflation increase only 39%. Premiums also increased more then 3x over wages increases during the same time.




Sen. Schumer and Health Care for America Now Warn of Private Insurers’ Monopolies; Former US Antitrust Official Calls for Investigation

New Report Shows Mergers Leading to Skyrocketing Premiums; Effective Reform Must Include Public Health Insurance Plan Option

***Read Report and Letter to DOJ ***
REPORT:


LETTER TO DEPARTMENT OF JUSTICE:

Washington, DC – Senator Charles Schumer (D-NY) joined Health Care for America Now (HCAN) – the nation’s largest health care campaign – in releasing a new report today that shows extreme health insurance industry consolidation has resulted in a market failure where a small number of large companies use their concentrated power to control premium levels, benefit packages, and provider payments in the markets they dominate. As a result, health insurance premiums have skyrocketed, going up more than 87% - on average - over the past six years.
 

shepj

Oracle of Hallucinogens
there are plenty of monopolies.. look at oil companies who subdivide their companies to avoid being called a monopoly. It's not just insurance companies.
 

logzz

Active Member
Its true there are so many, Look at the electrical company in your area. They say its not because you have the option to have electricity or not. WTF..
 

BigTitLvr

Well-Known Member
I see there is still no defending comments on the ridiculous, unscrupulous, predatory practices of the U.S. health insurance companies. Good. After all, we all being scammed.

They are a scar on the American people and economy. The current bill up for debate is a joke. But no one can legitimately argue these assholes are just honest, free market companies doing their best for the American people.

And if there are other monopolies doing evil deeds, like the the OPEC oil carter, they should be dealt with, too.
 
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