The “Free Market” In Health Insurance
DCap has compiled the data for a piece on the almost total lack of competition in the health insurance industry.
It’s like early Fords – “You can have any color you want, as long as it’s black.”
The way things are going, we are headed back to the years of the Bell System in local telephone service, and Intel and Microsoft are probably more complete monopolies than IBM was in the computer world.
Beginning under Reagan businesses began consolidating into ever larger entities, and competition has disappeared in many industries, including health care.
