One heinous aspect of the heinous history of the woefully misnamed Affordable Care Act – aka Obamacare – was…and is…the vociferous backing of the inanity by huge insurance companies.
Notice I didn’t say small insurance companies. Few such animals still exist – most having already been murdered by government medicine programs.
Small insurance companies can’t afford all the crushing costs of huge government medicine – so they die.
Which is good for huge insurance companies. You know – less competition.
Also good for Big Insurance? A law mandating everyone in the nation purchase their products – which Obamacare did.
Did Big Insurance know the law was awful – and it would make their products MUCH more expensive? Of course they did. Bad news for We the People – great news for them.
On average, Obamacare doubled premiums and tripled deductibles for those of us subjected to its heinousness. Great news for Big Insurance.
Even better news…for Big Insurance? (more…)
THE (NOT QUITE) LATEST
Washington, D.C.’s very swampy denizens have spent the last half-century-plus perpetrating a panoply of frauds against We the People. Perhaps the most Gaslight-y of them all – has been DCs fake free trade. We the People have watched DCs fake free trade – dispatch millions of our jobs and trillions of our dollars to everywhere […]
Uber-huge Big Tech company Amazon – is a monster (Market Cap: $906 billion). Amazon founder and chief bottle washer Jeff Bezos – is the world’s richest human. It appears that from their July 5, 1994 beginning – getting huge was Bezos’ only objective. For nearly two decades, Amazon Retail sacrificed profits to growth – and […]
My last actual gig prior to venturing out and founding Less Government – was at the Media Research Center (MRC). I described MRCs toil as: “We work to expose and catalogue Leftist media bias.” And then always added “We’re understaffed.” But I have always held what I know was a minority perspective at the MRC. […]