Quote:
Originally posted by Penske_Account
Overregulation of pricing by the government has introduced a host of inefficiencies which has contaminated the market. The government should get out but for the social safety net.
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Health care is one of the more unregulated areas of commerce in the entire economy. The McCann Act keeps the federal government from regulating insurance. The insurance companies pay the state legislators generously to keep out of their cesspool. The only area where there is regulation is in Medicare and, to a lesser extent, Medicaid. These are both relatively small segments of the market.
