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Reinstate Antitrust Controls on "Health Care Insurance Companies"

Since 1937, Health Care Insurance Companies have been given antitrust exemptions which allow them to function as Monopolies. This is illegal in all other business entities and should be with Insurance as well. This came about because during the Great Depression, Hospitals were on the verge of Bankrupcy and the government incentivised Insurance Companies to enter the Health Care Arena to safeguard the public. Unfortunately, Lobbying by the Health Care Insurers (millions of dollars each year...funded by health care premiums) has maintained this system which steals from the consumer using the money to maintain a system which helps only the Insurance Companies. They continue to increase premiums, increase "copays" so they are paying for less while collecting more, and paying providers less and less every year. It is no wonder that Health Care in this country is the most expensive in the world and certainly far from the best. Reinstating Antitrust laws to cover all business entities would create real competition and bring more Insurance Carriers to each state. With competition would come lowered cost.

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  • May 21 2013: The true answer to solving our health care issues is NOT by regulating insurance companies, but in establishing a MEDICARE FOR ALL system of single payer healthcare. There are a number of different models in the developed world...all of which HAVE a single payer system and ALL of which have better health care outcomes at a LOWER COST than the US. Much information available on the Physicians For National Healthcare website. John Conyers bill, H.R. 676 is the primary bill in Congress on this important issue and deserves support REGARDLESS of what is done on Obamacare. I have a real problem with all the profit-driven insurance companies still taking a major bite (about 30%) of the money that goes into healthcare and our representatives SHOULD too.

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