Friday, October 4, 2013

The Obamacare Monopoly


The last two paragraphs are spot-on:

Obamacare only benefits health insurance giants, specifically those which opt to be heavily involved with Obamacare. Government favoritism of companies which provide services through Obamacare exchanges equates to a government-sponsored monopoly. Only government has the resources to outcompete other companies in such an artificial free-market. 

By giving special benefits to companies involved in Obamacare exchanges, government picks winners and losers in the health insurance industry. As is often the result of monopolies, one can soon expect decreased health insurance selection and coverage, diminishing quality, and higher prices, when buying health care...

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