H the K wrote:
thunder wrote:
On Mon, 17 Aug 2009 00:13:15 -0500, jpjccd wrote:

Quite a few people have thought this through. That's why there is a
need for a public option. You think that the marketplace is
competitive. The reality is it's reaching monopoly status.

http://www.marke****ch.com/story/stu...monopoly-fears

http://www.capitalgainsandgames.com/...s/1025/health-
insurance-
oxymoron
http://ezinearticles.com/?Illinois-H...nies&id=271269

The marketplace is competitive. And as the first article intimates,
among other things, antitrust legislation (or simply the threat of) is a
capable tool to discourage monopolistic efforts. Likewise, the article
illustrates state roles in managing the marketplace, and states have
options available for their respective residents. The fact remains that
states can determine their respective domestic insurers. A federal
public option will follow the course I outlined above. It's a
pernicious ploy, and it is a design for political gain, nothing else.
It's inhumane.

I'm sorry to disagree, but health care insurance is far from
competitive. There's the McCarran-Ferguson Act, exempting much
Federal anti-trust legislation from affecting the insurance industry.
There's Ingenix, a wholly owned subsidiary of United Health, that
provides the schedules used in determining reimbursement for
out-of-network charges, used by most of the major players. Then
there is the acquisitions, subsidiaries, and consolidation, resulting
in a few major players. It ain't a competitive market.



in fact, the only real competition is in the federally managed FEHBA
program, where hundreds of insurance companies compete for the health
care dollars of federal workers, who can pick the health care plans they
want.

What insurance company wants to get on the wrong side of the government?

Not true in the private sector. If you get health insurance through your
employer, you have no or very little choice. Your employer makes the
decision.

The employers are limited by the number of employees they bring to the
insurance companies.


There is no marketplace for health insurance consumers.

The government at the federal and state levels has closed the markets to
true competition.