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Insurance Monopolies Reining them in with Antitrust laws Your Blue Cross insurers will retain the upper hand If they remain immune from Antitrust laws of the land. In nineteen forty-four the Congress passed a law that said Only states can limit who these big insurers wed. Four hundred corporate mergers in the most recent thirteen years Have shown how that's paid off for healthcare buccaneers. The resulting oligarchy is the ogre we now face: Enormous profits, obscene pay, and predatory marketplace. They monopolize a market and impose most any price They choose to charge our doctors, and us, for their merchandise. But reducing heinous salaries they're paying their execs, Could free up billions to insure their uninsured rejects. And think what savings we'll achieve when outfits like Humana, That are no longer needed here are transferred to Havana. Olé to Mike McCallister and his assorted "villains". We'll see how Fidel Castro treats assorted over-billin's. When will the country benefit? When will sanity be found? As soon as Antitrust makes inroads on their hallowed ground.
Bob Carlson To 'Insurance Industry Regulation Still Dead' To 'The McCarran-Ferguson Act: A History of Insurance' |