Health Insurance Industry Eats Competition
By Margaret Flowers and Kevin Zeese. Many have argued, though we have not, that the federal health law, the ACA, is a 'step in the right direction' or a 'step towards single payer.' Our analysis is that the ACA is a step in the wrong direction because it further entrenches and empowers the private health insurance industry.
Since its passage in 2010, the ACA has led to greater privatization of our public insurances Medicaid and Medicare and greater consolidation of health insurers and health facilities. As you will read in the article below, we are moving in the direction of a single payer health system, but one in which the single payer (or perhaps there will be a few payers) are the private health insurance industry. In this system, the costs of health care will continue to sky rocket and those who cannot afford care will go without it.