by: the Common Constitutionalist
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Remember when Obama said part of the problem with Obamacare in some areas, is that there is literally no competition? Entire swaths of States had but one insurance carrier, which translated to zero competition.
He said that a lack of competition is a bad thing. It affords the one provider an opportunity to take advantage of customers and of course, service suffers as well.
“Obamacare resulted in the creation of 23 co-ops across the nation.” wrote Reason.com in July 2016. “Some of which served hundreds of thousands of customers. As of this month, however, only 10 remain fully operational. The other 13 have either shut down, or announced that they plan to by the end of the year.
That same month, in a Journal of the American Medical Association (JAMA) article, Obama proposed creating a government run insurance plan, or a “public option,” that would exist alongside private health insurance, at least in the mostly rural areas where competition is sparse or nonexistent. He wrote that, “Congress should revisit a public plan to compete alongside private insurers in areas of the country where competition is limited.”