Insurance companies and anti-trust
I saw a question on Yahoo Answers about Insurance companies benefitting from being exempt from anti-trust laws. Until I saw that question and some of the subsequent discussion, I was not aware that this was an issue in the health care debate. Actually, the anti-trust exemption has little or no impact on health care, so I did some research and provided an answer. I am reprinting that below. I also debunked comments suggesting Republicans are against capitalism - presumably because Republicans are in favor of the anti-trust exemption. Here is a shortened version of my answer: A summary of my answer is 1) insurance companies are exempt from anti-trust for valid reasons; 2) the exemption is not relevant to health insurance because coverage is not always been written by insurance companies; 3) historical facts say Republicans were the "good guys" and the Democrats were the "bad guys." 1. History of the Exemption In 1869, the US Supreme Court ruled that insurance was...