A revealing commentary this week in The Wall Street Journal on reduced competition and insurance industry…
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New Gallup Poll on Confidence in Big Business Coincides with ObamaCare Merger Wave

A revealing commentary this week in The Wall Street Journal on reduced competition and insurance industry consolidation under ObamaCare coincides in an interesting manner with a new Gallup poll showing very low public confidence in big business.

In "How the Affordable Care Act Is Reducing Competition," physician and American Enterprise Institute (AEI) resident fellow Scott Gottlieb lays out how ObamaCare by design requires industry consolidation to accommodate its massive regulatory burdens and higher operating costs:

To sustain themselves, insurers must spread fixed costs over a larger base of members.  The bigger they are, the easier it is to meet the government-imposed cap on their operating costs while cutting their way to profitability.  This pressure discourages new health…[more]

July 07, 2015 • 10:28 am

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