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31 October 2012

Here Comes The Change...

Whoever said that the Affordable Healthcare Reform Act would not lead to a single-payer health system obviously had not read the bill.

It provides for the establishment of two federally sponsored multi-state health insurance providers.  The New York Times details this in a recent article.

Insurance reform advocates have long argued that removing the interstate barriers to insurance providers would create a more efficient marketplace.  Now, the federal government is free to do just that for itself, while maintaining the barriers for its "competition" in the private sector. 

Even with the inherent inefficiency of government run entities, the advantage will likely be enough to drive private insurers out of certain markets or out of business altogether. 

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