The NOW! Blog

Health Insurance Monopolies Are Legal

Posted on October 29th, 2009 by ICR Bloggers in From Insurance Company Rules

Health insurance companies are exempt from federal antitrust laws — laws that protect commerce from monopolies and unfair business practices in most other types of markets. As a result, health insurers have become highly concentrated and premiums have soared. There is movement on Capitol Hill to remove this exemption, but the best way to quickly infuse competition into health insurance markets across the country is with a strong, national public health insurance plan option.

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