Feb 25, 2010
Health Insurance Ignorance
Former Secretary of Labor and Berkeley professor of public policy Robert Reich’s Feb. 23 op-ed in the NYT, “Bust the Health Care Trusts” displays a shocking amount of ignorance about health insurance and the antitrust exemption for the “business of insurance.” Even a rudimentary amount of research would have shown Professor Reich that the antitrust exemption has had nothing to do with consolidation in health insurance or with health insurance pricing. He simply does not know what he’s talking about.
(If you are interested in reality, see my op-ed “Competition and Health Insurance”.)