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HiPointDem

(20,729 posts)
54. It's my impression that the insurance industry is highly concentrated, such that a relatively small
Thu Mar 29, 2012, 04:06 AM
Mar 2012

number of people control it and there's no real competition. That in combination with mandated purchase = no control on prices, sellers free to charge whatever the hell they like.

"A major cause of these burdensome premium hikes is the tremendous monopolies enjoyed by insurance companies across the country. Two large insurance companies cornered 98% of the market in Hawaii 2007. In California, the most competitive of the states surveyed, two insurance companies controlled 44% of the market. All across the United States, these insurers have no incentive to negotiate lower premiums because, like any monopoly, they know they are the only game in town."

http://www.cnbc.com/id/32918263

K&R liberal N proud Mar 2012 #1
K&R! Ian David Mar 2012 #2
I think the case for single payer will be made if the S. Court rules... polichick Mar 2012 #3
No one ProSense Mar 2012 #4
K & R yesphan Mar 2012 #5
K&R n/t Lugnut Mar 2012 #6
Health care... shrdlu Mar 2012 #7
Agreed and all part of the fight libtodeath Mar 2012 #9
Absolutely. The real focus here should be to do away with health insurance companies loudsue Mar 2012 #20
The immense wealth (= political clout) of the insurance industry is aligned against "real people." TahitiNut Mar 2012 #8
It's my impression that the insurance industry is highly concentrated, such that a relatively small HiPointDem Mar 2012 #54
Of course that's what we need. bowens43 Mar 2012 #10
I will never give up - health care is a basic human right. n/t adigal Mar 2012 #11
yes, health care is a basic human right newspeak Mar 2012 #23
Hell yes! daleanime Mar 2012 #12
I have believed all along that "health care reform" like we got kestrel91316 Mar 2012 #13
Don't give up my neighbours to the South. Fix The Stupid Mar 2012 #14
Someday. Someday we as a nation won't be so fucking ignorant. byronius Mar 2012 #15
WOOT! ProgressiveATL Mar 2012 #16
And single-payer obviates need for mandate, and thus the legal concern at center of fray ProgressiveATL Mar 2012 #17
K&R abelenkpe Mar 2012 #18
The battle will be to get single payer at the state level... villager Mar 2012 #19
Yes,get it in forward thinking and progressive states to show the cost effectiveness! libtodeath Mar 2012 #24
K&R Never give up! n/t Cleita Mar 2012 #21
K&R!! ClassWarrior Mar 2012 #22
K&R lsewpershad Mar 2012 #25
duh n/t librechik Mar 2012 #26
K&R nt Granny M Mar 2012 #27
K/R Jack Rabbit Mar 2012 #28
No tcaudilllg Mar 2012 #29
If the 5 conservative justices Iliyah Mar 2012 #30
K&R! Rhiannon12866 Mar 2012 #31
Abso-FUCKING-lutely! eridani Mar 2012 #32
K&R Chorophyll Mar 2012 #33
K&R. n/t TriMera Mar 2012 #34
KnR Vincardog Mar 2012 #35
k&r hwmnbn Mar 2012 #36
K & R!!! RufusTFirefly Mar 2012 #37
K&R patrice Mar 2012 #38
There is no alternative. kenny blankenship Mar 2012 #39
K&R Luminous Animal Mar 2012 #40
Kicked and recommended. Uncle Joe Mar 2012 #41
k and r DonCoquixote Mar 2012 #42
Fuckin' A, Bubba! TheKentuckian Mar 2012 #43
Count me in goclark Mar 2012 #44
K&R Volaris Mar 2012 #45
Without a doubt. donheld Mar 2012 #46
Of course. Blue_In_AK Mar 2012 #47
I think it is the best solution. n/t Yo_Mama Mar 2012 #48
K&R. nt DesertFlower Mar 2012 #49
Thank you, imua! mahina Mar 2012 #50
K&R me b zola Mar 2012 #51
There ya go! caseymoz Mar 2012 #52
right on! lovemydog Mar 2012 #53
K&R! onestepforward Mar 2012 #55
Kickin it! Esse Quam Videri Mar 2012 #56
does this need another kick? Lifelong Protester Mar 2012 #57
K & R chazzio Mar 2012 #58
Yes...for Single payer Tippy Mar 2012 #59
K and R (nt) bigwillq Mar 2012 #60
It's not that we are giving up. It's that we live in a corrupt corporate run country. mmonk Mar 2012 #61
No argument on that but saw a bunch of we will never get anything now posts libtodeath Mar 2012 #65
KR SHRED Mar 2012 #62
One immediate step thucythucy Mar 2012 #63
K&R jwirr Mar 2012 #64
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