Saturday, 22 August 2009

Even Snowe admits the insurers have too much power

Good article – it explains how many markets are dominated by a single insurer, so costs skyrocket and no one can control the insurance firms. The domination by the big firms grows year by year. Even Olympia Snowe admits it, although she wants to give the insurers one more chance to show they can control costs. A recent study showed that a public plan would save consumers $200 billion to $400 billion.

So let's hold her feet to the fire -- if she admits the insurers need to be brought under control, where's her plan for fixing the problem? And if she doesn't act, why shouldn't we find a challenger to boot her ass out of the Senate next time, since Maine is a blue state anyway?

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