From: Dinosaur_Sr on
On Oct 17, 10:43 am, Jack Hollis <xslee...(a)aol.com> wrote:
> On 17 Oct 2009 11:50:47 GMT, Carbon <nob...(a)nospam.tampabay.rr.com>
> wrote:
>
> >On Thu, 15 Oct 2009 17:41:07 -0700, gray asphalt wrote:
>
> >> The health insurance industry, along with major league baseball, are
> >> the only two industries in the United States with an anti-trust
> >> exemption.
>
> >All you free market libertarians must think this is wrong, correct?
>
> This is so silly, the insurance business does not have any special
> exemption form anti trust laws.  They're exempt because the law
> mandates that the states regulate the insurance business.  
>
> The insurance business would love to get out from under 50 different
> state regulatory agencies and become federally regulated.  Of course,
> this wont happen because it would put too many lawyers out of
> business.  

Now hush! These guys don't believe in a system where the federal
government doesn't have unfettered powers!
From: Kommienezuspadt on

"Frank Ketchum" <nospam(a)thanksanyway.com> wrote in message
news:EKiCm.31707$QG1.8193(a)newsfe23.iad...
>
> "Kommienezuspadt" <NoSpam(a)NoThanks.net> wrote in message
> news:4ad86a2b$0$24351$882e0bbb(a)news.ThunderNews.com...
>>
>> I'm a capitalist -- have been for 37+ years --- but I heard the other
>> day that the insurance industry takes in over 200 billion dollars in
>> profits & overhead out of health care every year. Imagine that amount --
>> it is over twice what is being planned for giving coverage in the plans
>> floating around.
>>
>> As for why now? I suspect it is partly fueled by anger over the insurance
>> industry using half truths with a purposely flawed study to try to keep a
>> strangle hold on their profits.
>>
>> I keep waiting for the free market types to defend this protection -- but
>> so far I've only gotten insults from them -- must be they have not
>> received their orders.
>
> You keep waiting for free market types to defend what? The anti trust
> laws for insurance?
> Free market types do not believe in anti trust laws so you won't find any
> defending it.
>
> And you claim you are a capitalist but not a free market type? Amusing.
>

I have yet to see one Repub say he supports repealing the law -- have you?


From: Kommienezuspadt on

"Jack Hollis" <xsleeper(a)aol.com> wrote in message
news:i7pjd55q7cn57rvgvru873l7q2t1bv8qdn(a)4ax.com...
> On 17 Oct 2009 11:50:47 GMT, Carbon <nobrac(a)nospam.tampabay.rr.com>
> wrote:
>
>>On Thu, 15 Oct 2009 17:41:07 -0700, gray asphalt wrote:
>>
>>> The health insurance industry, along with major league baseball, are
>>> the only two industries in the United States with an anti-trust
>>> exemption.
>>
>>All you free market libertarians must think this is wrong, correct?
>
> This is so silly, the insurance business does not have any special
> exemption form anti trust laws. They're exempt because the law
> mandates that the states regulate the insurance business.
>
> The insurance business would love to get out from under 50 different
> state regulatory agencies and become federally regulated. Of course,
> this wont happen because it would put too many lawyers out of
> business.

Why haven't they put their muscle to getting it out of the way?

Are you saying they have no power?


From: Jack Hollis on
On Sat, 17 Oct 2009 17:17:02 -0400, "Kommienezuspadt"
<NoSpam(a)NoThanks.net> wrote:

>I have yet to see one Repub say he supports repealing the law -- have you?

The insurence industry would love to become federally regulated
instead of having to deal with 50 different state regulatory agencies.
In addition, there are some federal laws regulating the health
insurance business with COBRA and HIPAA being the most well-known.

I'm in favor of people being able to buy insurance out of state which
would automatically bring health insurance under all federal laws
including anti-trust laws.

This is all complete bullshit because the purpose of the 1945 law was
to give states the power to regulate insurance, not to exempt the
industry from federal anti-trust legislation.
From: Jack Hollis on
On Sat, 17 Oct 2009 17:23:41 -0400, "Kommienezuspadt"
<NoSpam(a)NoThanks.net> wrote:

>> The insurance business would love to get out from under 50 different
>> state regulatory agencies and become federally regulated. Of course,
>> this wont happen because it would put too many lawyers out of
>> business.
>
>Why haven't they put their muscle to getting it out of the way?
>
>Are you saying they have no power?

The forces against such a move are greater than the forces in favor of
it. If they closed down 50 state insurance regulatory boards it would
put a lot of public employees out of work. Many of them are union
members and there are a lot of lawyers there as well.

When's the last time you saw the government do anything that reduced
the size of the public workforce?