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July 6, 2015

The Choice Ahead: A Private Health-Insurance Monopoly or a Single Payer

The Supreme Court's recent blessing of Obamacare has precipitated a rush among the nation's biggest health insurers to consolidate into two or three behemoths. The result will be good for their shareholders and executives, but bad for the rest of us -- who will pay through the nose for the health insurance we need. The problem isn't Obamacare. The real problem is the current patchwork of state insurance regulations, insurance commissioners, and federal regulators can't stop the tidal wave of mergers, or limit the economic and political power of the emerging giants. Which is why, ultimately, American will have to make a choice.

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