True Competition a Myth in the Private Health Insurance Marketplace, Part 2
Posted on February 26th, 2009 by ICR Bloggers in From Insurance Company Rules
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Last week I wrote about the fact that there is no true competition among health insurers because there are so few of them, in most markets one insurer dominates. On the consumer end of the spectrum, there is no true competition either, because there is no way to evaluate exactly what it is you are getting when you buy health insurance. There is no standard against which you can measure what you are getting and how it will perform and no transparency in how health insurance works. We need a choice of public health insurance that will set that standard.
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