Insurance Market Concentration

[David]

Over the several years through acquisitions and mergers, health insurance companies are now considered "concentrated" in 94% of markets according to the American Medical Association. At the same time, profits have soared, CEO salaries have soared, and rates for the insured have grown far faster than the GDP.

Now there is this resistance to the public option that would compete directly with health insurance companies. It is important to recognize there is a lot of money behind the opponents of a public option, and lots of misinformation, but what is most important to recognize is competition is needed, and the public option is the method most likely of making it through Congress.

It's time to change the idea that paying out the least coverage to produce the greatest profits is the way to run a health insurance company. A public option solves that, and it is just that, an "option".
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