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Perriello’s insurance bill misses the mark |
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Sunday, 14 February 2010 10:15 |
Since Perriello’s bill is focused only on insurance companies, it will have little impact on prices. Moreover, health insurance is already among the most heavily regulated industries in America .
Insurers are prohibited from colluding to raise prices and from merging at will. They can, however, pool information about risks. And that actually helps them manage ways of controlling costs and rates.
As usual, Perriello’s bill is not the reform that's needed.
Thankfully, political analysts say it will likely die in the Senate. So keep scrambling, Tom. This one isn’t working for you.
Reasonable Response Edward W. Clark, Jr.
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