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The president’s plan does nothing to bring down healthcare costs because it doesn’t address the causes of cost increases. Nor does it do anything to create a free and fair insurance market.

Current insurance regulations prohibit interstate commerce for insurance, so there really is no true national healthcare. The big insurance companies are actually a whole bunch of smaller companies like United Healthcare of Texas or United Healthcare of Massachusetts. These must all be “arms length” to comply with the law. This means that they are required by law to have redundant staff, systems, etc. That is totally inefficient and prevents any real competition.

The public option would be a national player, but if it is anything like the Medicare I see my grandmother get or the VA benefits I saw my grandfather die on, it will totally suck. But, because it doesn’t have to be 50 separate companies, it will totally win. That isn’t competition. That’s a stacked deck.

The government, instead of breaking up the organizations as it should, passes laws that does not address the real issue. The main problem is that we do not need more laws or regulation, we need real competition between companies to keep the prices down.

Only when the those big trust and monopolies are broken up, then and only then will we have a real free market again.

I’m no expert, but I’d guess that the evidence is to the contrary. I seem to remember something about a “rule of 3″ from Jagdish Seth”.
http://www.expressindia.com/news/fe/daily/19990319/fec19019.html

If 5 major competitors manage to survive, I might be tempted to conclude that the market is already over-regulated.

The real problem with that regulated monopoly was twofold: 1)Congrefs interfered all the time along with the FCC and 2)there were 50 states with different regulation and red tape as determined by the respective PUC (public utility commissions).
For instance, to offer a 1200 baud modem needed 50 different PUC rulings on how much to charge for its use. Multiply that by each and every product that was offered and you get an idea of what bureaucracy can do to a company. It was a hog-tied giant, and when cut and diced into the “Seven Sisters”, aka RBOCs [daughter of Ma Bell?], the amount of state PUC regulations didn’t change.
If you note, competition in the local service area is non-existent, and the old RBOCs have now joined together back into two large conglomerates.
Eleanor’s “never mind” on SNL was a joke about the service the phone company provided. “We don’t care, we don’t have to!”
This is exactly what the Obama prophet declares is best for us. The old Ma Bell system with government Eleanors.
I can hardly wait. Black rotary dial medicine, here we come.

tom

Obama spews all kinds of contradictions (often within the same speech), makes claims that are supposed to sound factual but are never substantiated and cites causes for problems that have nothing to do with the problem at all (e.g. our economic problems are caused by the lack of socialized medicine, the lack energy policy – as if cap n’ trade is an energy policy, it’s a tax, and the need for better education).

My brain hurts when I listen to his drivel.