WSJ: Poorer counties facing especially high premiums, few choices, little competition through ObamaCare « Hot Air: "“My guiding principle is, and always has been, that consumers do better when there is choice and competition. That’s how the market works. Unfortunately, in 34 states, 75 percent of the insurance market is controlled by five or fewer companies. In Alabama, almost 90 percent is controlled by just one company. And without competition, the price of insurance goes up and quality goes down.”
So sayeth President Obama, but so far, his crowning legislative achievement has directly resulted in a whole lotta’ restrictions on consumer choice, while his brand of top-down government-led “competition,” well… isn’t, really."
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