They didn't mean to, but officials at the Obama Justice Department have laid out the case against government-run healthcare. In filing suit against mammoth health insurance mergers, they've explained that reduced competition limits options for consumers, raises costs, and threatens access to care. That's exactly why a single-payer system would be a disaster for America.
The Justice Department is right: competition is good for consumers, and the government does have a legitimate role in enforcing antitrust laws. The recent trend in healthcare and health insurance markets, driven mostly by the Affordable Care Act (ACA), has been toward consolidation.
Read Full Article »