Wow. Obozo justice dept. actually gets something right.

Posted on: July 29, 2016 at 07:52:49 CT

Hey ras, about that single payer thingy.......


Obama Justice Department makes case against single-payer healthcare

They didn’t mean to, but officials at the Obama Justice Department have laid out the case against government-run healthcare. In filing suit against mammoth health insurance mergers, they’ve explained that reduced competition limits options for consumers, raises costs, and threatens access to care. That’s exactly why a single-payer system would be a disaster for America.

The Justice Department is right: competition is good for consumers, and the government does have a legitimate role in enforcing antitrust laws. The recent trend in healthcare and health insurance markets, driven mostly by the Affordable Care Act (ACA), has been toward consolidation.

But the Justice Department intervened against billion-dollar mergers between Cigna and Anthem, Humana and Aetna— together four of the largest insurers in the country — to try to preserve options for consumers. The public should applaud this move and support more actions to reform public policies and foster greater competition.

First, a little background: Why are these gigantic companies attempting to merge? They’ve suffered under the ACA, losing billions of dollars in the law’s exchanges, where enrollees are sicker and more costly than they anticipated. The law requires them to write policies for any and everyone, and to price those policies blindly, without regard for the many factors that would typically dictate financial risk.

Article:


http://thehill.com/blogs/pundits-blog/healthcare/289652-obama-justice-department-makes-case-against-single-payer