That may be true, but any mature industry will have a “natural” tendency to migrate to a duopoly with two major competitors. Think of your big retail chains as a good example of this: Home Depot and Lowe’s, Target and Wal-Mart, etc. It’s a simple matter of taking advantage of economies of scale.
The plan was never to get rid of it. The plan was this set up so the gov could control our bodies and the elite could control the money that's extorted from us.
We've been had by our leadership.
Why are we celebrating our freedom anymore?
Good thing the 0bama alphabet agencies aren’t political!
So we know that their decisions are in the best interest of America and American free enterprise.
Remember folks...Aetna is a LIFE “INSURANCE” (investments) COMPANY.
Selling forced workers on the block.
Amazing how all those big insurance companies were in support of obamacare. They pretended not to be but it was clear they were in favor of it. They fought things like interstate competition. They didn’t want competition because the deal was for them to run the system. Now they insure more and can charge the paying customers more. The insurance executives were bought out by obama and the democrats to put the knife in the taxpayers.
I’m sure that this will mean *rates* will go down?
There was a time when we didn’t let companies get so large that they cornered the marketplace. Ah, the good old days.
Yep. Break up AT&T, but create other monopolies that benefit your ideological goals. The only consistency they have, is to be consistently hypocritical.
I think we’re already in full blown Fascism.
Destroy is the only mission Obama is on his term in office has proved it and his last year that will be the kicker to complete his goal.
Corpporation are find and dandy with ObamaCare, open borders, and many liberal policies. The governance seen in the original version of “Rollerball” is a likely scenario.
Chubb just got bought out by Ace too. Cramer I think was predicting another insurance buyout as well.
I just don’t see how this can be good for consumers.
We are moving closer yet to a Single Payer system. Like Marvin Gaye, make me wanna holler.
Centene to Buy Health Net for $6.3 Billion
Deal between Medicaid insurers boosts Centene’s presence in western U.S.
“Changes brought on in part by the Affordable Care Act have prompted major players in the health-insurance industry to consider mergers that could help them cut costs and reap other benefits.
In recent months, UnitedHealth Group Inc. has approached Aetna Inc. about a takeover deal, while Anthem Inc. has approached Cigna Corp., The Wall Street Journal has reported. Meanwhile, the Journal has also reported that Aetna and others are considering buying Humana Inc.
For its part, Centene expects the deal to make it one of the largest Medicaid managed-care organizations in the country with about 6 million members. Los Angeles-based Health Net has a presence in Western states including California, which has the country’s largest Medicaid program, Arizona, Oregon and Washington.”
http://www.wsj.com/articles/centene-to-buy-health-net-for-6-3-billion-1435835955
Ive had to deal with 3 claims over my 70+ years and never got a fair break in any of them. Screw them.
Yep. Prices will go up, and quality will go down.
The next show up is, "see, the government must take over because of the problem."
America is in decline. Reminds me of Rome.
5.56mm
A lot of people in Louisville are justifiably freaking out about this, knowing that their jobs will be eliminated as redundant to those at Aetna HQ in ... Connecticut.
Too bad. Louisville replaced a perfectly good Conservative Congresswoman (Anne Northup) with unrepentantly Liberal and pro Obamacare John Yarmouth. And they put faux Conservative Democrat and pro Obamacare Brashear into the Governorship.
Big Business is the order of the day not just in healthcare either. Big Business prospers in a government regulatory environment.
Obamacare was a bailout for the big hospitals and big insurance companies. Their stocks have soared and I know because I have investments there. Their stocks jumped higher again last week with the SCOTUS ruling.
Climate Change policies will also help Corporate Elites and leave small players in the dust.
We live in what Nigel Farage of UKIP calls a Corporatist system, a collusion of “BIG BANKS, BIG BUSINESS AND BIG GOVERNMENT”.
Now if two companies like Wal Mart and Target wanted to merged evey Dem would be opposed. I bet almost all dems support this.