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Who: Kimball Corson. Text and Photos not disclaimed or that are obviously not mine are copyright (c) Kimball Corson 2004-2016
Port: Lake Pleasant, AZ
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The Developing Health Insurance Monopsony

07 July 2015 | Pago Pago, American Samoa
Kimball Corson
Before, but particularly since the Supreme Court's recent ruling on Obamacare, there has been a huge rush and rash of mergers among the nation's biggest healthcare insurers. The developing result is going to be only two or three mega insurers left who will then act as a monopsony and use conscious parallelism to set prices as a single monopoly.

Their shareholders and executives will love it, but all of the rest of us will face the equivalent of a health insurance monopoly. We will then pay dearly and through the nose for health insurance. And the federal antitrust laws won't protect us because 1) they are too feeble anyway and 2) under the McCarran Ferguson Act, antitrust enforcement is left to the states for insurance matters and the states are captive regulators. The insurance companies call the shots, but even if they didn't, the various states can only act within their own borders and not in a coordinated fashion across all state lines to deal with the problem. The mergers can't be stopped and neither can the prospect of monopoly pricing for health insurance, at least not with the laws on the books.

We are due to be screwed royally and more than we already are in the health care insurance area and no one is going to stop it. Obamacare has nothing to do with it. The problem will result from monopsony pricing by too few insurers after the mergers. These guys understand exactly what they are up to. We are the ones asleep and about to be asked to bend over. The behemoth resulting companies will laugh all the way to the bank and American healthcare will become even more expense and a bigger joke than it already is.

If America is too stupid to understand what I have explained here and quickly act to stop it in our bought off congress, we deserve the screwing we are about to get.
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Vessel Name: Altaira
Vessel Make/Model: A Fair Weather Mariner 39 is a fast (PHRF 132), heavily ballasted (43%), high-aspect (6:1), stiff, comfortable, offshore performance cruiser by Bob Perry that goes to wind well (30 deg w/ good headway) and is also good up and down the Beaufort scale.
Hailing Port: Lake Pleasant, AZ
Crew: Kimball Corson. Text and Photos not disclaimed or that are obviously not mine are copyright (c) Kimball Corson 2004-2016
About:
Kimball Corson: I am a 75 year old solo sailor, by choice. However, I did take on a personable, but high maintenance female kitten, now a full grown cat, named KiKiPoo when she is sweet, or KatKatPo after she has just killed something like a bird or bat. [...]
Extra:
Although I was a lawyer and practiced law with good success for thirty years, creating significant new law, I never really believed in the law, the politics of law or in the over reaching self-interest of most lawyers I met. Too much exposure to Nietzsche and other good and seriously thoughtful [...]
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Profile

Who: Kimball Corson. Text and Photos not disclaimed or that are obviously not mine are copyright (c) Kimball Corson 2004-2016
Port: Lake Pleasant, AZ