Jon Walker — The ACA is Failing Because It Didn’t Account For Hospital Monopolies in Rural Areas

Summary:
The logic behind the design of the Affordable Care Act does not hold up well when faced with the reality of how markets actually work outside cities. ACA exchanges were built on the fundamental idea that competition between regulated private insurance companies would improve quality and hold down prices, but competition is lacking in most rural counties. That’s very unlikely to ever change.... The InterceptThe ACA is Failing Because It Didn’t Account For Hospital Monopolies in Rural Areas Jon Walker

Topics:
Mike Norman considers the following as important: ACA, competition, monopoly power, Obamacare

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