Comments on: Antitrust and ObamaCare http://truthonthemarket.com/2011/02/15/antitrust-and-obamacare/ Academic commentary on law, business, economics and more Thu, 09 May 2013 22:36:15 +0000 hourly 1 http://wordpress.com/ By: Finger on the Pulse: From Our Blogroll and Beyond « The Legal Pulse http://truthonthemarket.com/2011/02/15/antitrust-and-obamacare/#comment-25091 Fri, 18 Feb 2011 16:59:17 +0000 http://truthonthemarket.com/?p=10661#comment-25091 [...] Is ObamaCare encouraging anti-competitive activity in the health care fields? (Truth on the Market) [...]

]]> By: Moses http://truthonthemarket.com/2011/02/15/antitrust-and-obamacare/#comment-24919 Wed, 16 Feb 2011 15:36:08 +0000 http://truthonthemarket.com/?p=10661#comment-24919 Private hospitals have been enjoying local monopolies–and price gouging–for a long time. They face very little meaningful competition and therefore exercise tremendous leverage over insurance companies when negotiating claim-fees for services. As a result, only the largest insurance companies survive and ultimately it’s the consumer that pays.

Maryland has solved the problem, in part, by setting prices for procedures centrally rather than allowing private hospitals to exploit their ill-begotten leverage. Of course, rate-setting will invite the same absurd socialism rhetoric that doomed the public option (in favor of private monopolies) so it’s not likely to be politically viable, but interesting nonetheless.

See http://online.wsj.com/article/SB125288688445707403.html and here http://www.thisamericanlife.org/radio-archives/episode/391/more-is-less

]]> By: Chris http://truthonthemarket.com/2011/02/15/antitrust-and-obamacare/#comment-24895 Wed, 16 Feb 2011 00:47:05 +0000 http://truthonthemarket.com/?p=10661#comment-24895 So the FTC and the DOJ are disagreeing on their respective jurisdictions for antitrust enforcement. I’m SHOCKED!!!

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