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senate Bill S. 350

Should Health Insurers be Subject to Federal Anti-Trust and Competition Laws?

Argument in favor

Health insurance companies are currently getting away with overcharging customers because there isn’t enough competition in their industry to keep prices low. Making insurers subject to anti-trust laws would allow the federal government to punish insurers who engage in these unfair, anti-competitive practices.

wpeckham's Opinion
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10/25/2019
Health may be the ONLY industry where profit is actually immoral and destructive to society. If it must be run for profit, then strict monitoring of those profits and immediate corrections are key. These have been largely lacking, and the country is paying a huge cost for this lack. This bill is only a beginning, but it appears one small step in the right direction.
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Karen's Opinion
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10/25/2019
Yes! Monopolies do not lead to good outcomes and abuses in healthcare are deadly. The CVS Aetna merger brought together two giants—one of them was a retail chain! Amazon selling pill packs is ludicrous—the site constantly sells fraudulent material. Healthcare is not a commodity, although we treat it as such in this country. It is a sacred duty and a human right. It’s scandalous the abuses we allow in the healthcare field. Antitrust laws were designed to prevent abuses of power and protect the people from harm. Lets use them in this critically important field where do no harm is a maxim at it’s foundation.
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Mitchell's Opinion
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10/25/2019
They should be dismantled, but this is a start.
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Argument opposed

Some in the insurance industry believe the partial repeal of this very narrow antitrust exemption wouldn’t achieve the outcome of increased competition in health insurance markets. In fact, it may serve to limit future entrants to the market.

John's Opinion
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10/25/2019
Universal single payer healthcare, cradle to grave.
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Matthew's Opinion
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10/25/2019
There is no constitutional authority for anti-trust, monopoly laws. Monopolies can only exist through government regulation, subsidy, and corruption. If the federal government would allow h health insurance companies to compete across state lines, like auto insurance (see, government created problems), then we’d have companies able to spread the liability costs across larger pools of clients.
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Laurie's Opinion
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10/25/2019
Universal Healthcare is needed, nothing less
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    Health may be the ONLY industry where profit is actually immoral and destructive to society. If it must be run for profit, then strict monitoring of those profits and immediate corrections are key. These have been largely lacking, and the country is paying a huge cost for this lack. This bill is only a beginning, but it appears one small step in the right direction.
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    Universal single payer healthcare, cradle to grave.
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    Competition is always a good thing as is anti-trust controls to eliminate dominant companies from taking advantage. But, I am a little confused by the original rational that exempted health insurers from anti-trust controls. The stated reason was that it allowed regulators to keep drug pricing in check and for some reason that argument was accepted as the basis for anti-trust exemptions. I do not understand this original argument and have some difficulty with a Yeah or Nay opinion, because this was not addressed and, at this moment, I do not have the time to research it.
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    Yes! Monopolies do not lead to good outcomes and abuses in healthcare are deadly. The CVS Aetna merger brought together two giants—one of them was a retail chain! Amazon selling pill packs is ludicrous—the site constantly sells fraudulent material. Healthcare is not a commodity, although we treat it as such in this country. It is a sacred duty and a human right. It’s scandalous the abuses we allow in the healthcare field. Antitrust laws were designed to prevent abuses of power and protect the people from harm. Lets use them in this critically important field where do no harm is a maxim at it’s foundation.
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    They should be dismantled, but this is a start.
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    As health insurance companies have evolved from not-for-profit organizations to for-profit organizations, insurance companies have undergone major consolidation and as executive compensation has accelerated have all contributed to the excessive premium increases. Making insurers subject to anti-trust laws would allow the federal government to punish insurers who engage in these unfair, anti-competitive practices.
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    There is no constitutional authority for anti-trust, monopoly laws. Monopolies can only exist through government regulation, subsidy, and corruption. If the federal government would allow h health insurance companies to compete across state lines, like auto insurance (see, government created problems), then we’d have companies able to spread the liability costs across larger pools of clients.
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    People should not be able to make tens of millions of dollars off of people’s poor health just so they can bribe legislators and spend it on advertising. This whole situation is disgusting and we need to break up these huge companies
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    Universal Healthcare is needed, nothing less
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    Competition is never bad. It insures that companies don’t cheat their customers.
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    No. This is not the type of legislation needed to lower healthcare costs to consumers.
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    This makes sense to me. I can't believe they haven't been forced to undergo anti-trust scrutiny. In our area there is such pressure to be with either of the major insurers that most people don't even mention other insurers. On top of that, both major insurers own their own health systems, so they have a true monopoly where they can force you to spend all your money with them. I do believe that competition could foster lower prices and even better quality, but there's really no incentive for competition right now because of the monopolies that exists in the market. There should be ways to break these monopolies and allow us all greater choice and variety of price.
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    Make the health insurance providers subject to antitrust laws.
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    No industry should be exempt from anti-trust laws.
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    Insurance companies should be subject to every roadblock and restriction that they now impose on their clients. These companies are sacrificing quality care and lives for the sake of their profit margins. And how about a ban on television ads? These are as bad as alcohol and cigarette ads in my opinion! I trust my doctor to make this call, not some suggestive , coercion from a 30 second advertisement.
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    Health care insurance needs to have competition. To get competition it should be allowed to be sold across state lines which currently is not allowed. Currently in some states there is only one insurer that sells heath insurance thanks to the 2009 affordable care act (Obama care) and the Democrats that were in-charge of Congress at that time. People need to educate themselves before making stupid comments.
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    No corporation or business should be exempt from anti-trust laws
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    Another biased countable question. No maybe option. Federal antitrust, or any federal laws can only be applied on interstate commerce. Insurance is heavily regulated, but by the state it is sold in. Our Federal Government messed this up with Obamacare. Congress must leave this alone. Allow States to deal with this, as our Constitution demands. Put control of everything a the most local level possible.
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    Competition doesn’t work for essentials, such as police, fire, water, and utilities. We need Single Payer Medicare For All NOW!
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    They need to be watched
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