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Welcome to the nexus of ethics, psychology, morality, philosophy and health care

Sunday, October 4, 2015

Merge Away!!!

By Art Caplan
The Health Care Blog
Originally posted September 14, 2015

Here is an excerpt:

The Times and every other commentator who has weighed in including the AMA has warned that diminished competition is not good for taxpayers or consumers. They want the Justice Department to take a long hard look at these latest mergers to insure that consumers are not stuck with higher premium costs as many parts of the country turn into markets with only one insurance provider.

The critics are wrong. Blocking these deals is a terrible idea. The mergers should be allowed to continue. In fact they should proceed until there is only one private insurer left. Only, at that point should the government step in, declare the last company standing to be required to merge with Medicare thereby letting the free market produce what many reformers have only been able to dream of—a single payer system.

The entire article is here.
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