124. No current market for medical competition.
June 23, 2009 § Leave a comment
This is news to me, and crucial.
Elsewhere, Ezra asks,
Are Republicans in this to preserve the healthy functioning of a competitive private market or preserve the profits of the currently dominant insurance companies?
That’s a rhetorical question, right? Bear in mind that in most small states there’s hardly any competition among insurers. It’s not “the market” that’s being protected; it’s the 21st-century equivalent of the old New York steamboat monopoly.