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Barack Obama  |
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Rob Kailey is a working schmuck with no ties or affiliations to any governmental or political organizations, save those of sympathy.
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Thu May 28, 2009 at 14:24:54 PM MST
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Our friends at Health Care for America NOW! released a report today looking at health insurance competition in Montana, perhaps unsurprisingly they conclude:In Montana, rural and most urban areas are considered "highly concentrated" under U.S. Department of Justice guidelines. This kind of concentration means that an insurer can, without fear of consequences, raise premiums and/or reduce the variety of plans or quality of services offered to customers. Just Blue Cross Blue Shield controls 75% of the insurance market in Montana. Add in New West and you're looking at 85% of the market.
Nationally, Health Care for America NOW! has called for an investigation into violations of anti-trust laws by health insurers.
Interesting side note on anti-trust law, it may legally prevent collusion to reduce costs even if insurers decided to pursue such behavior in good faith. In other words, if we want to lower costs, real regulations and other measures (like a public option to provide meaningful competition) are necessary.
P.S. If you're bored and want more health care wonkery, check out two smart people arguing whether the public option should model Medicare (single-payer-like) or the Veterans' Administration (integrated healthcare a la Britain).
Update -- BCBS denies it. |
| Matt Singer :: Competition and Choice? Not in the Montana Insurance Market |
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