Thursday, September 24, 2009

Break Up Insurance Monopolies

This is a serious issue - please add your voice. Sponsored by Patrick Leahy, U.S. Senator (Vermont). If you question why this is needed, please check out this Vanity Fair article. The US spends 50% more than any other nation on health care, yet we rank #37 in the world. This is just plain WRONG.

SUBJECT: Break Up Insurance Monopolies

America's health insurance companies have had a pretty sweet deal for decades.

They can pick and choose their customers and deny coverage to anyone with any sort of pre-existing condition -- even acne. They can get away with dropping your coverage when you get sick.

And since 1945 they have been exempt from the antitrust regulations that apply to nearly every other industry, rules that protect consumers from anti-competitive business practices like price-fixing.

That's why I just sent a letter to Congress, supporting the Health Insurance Industry Antitrust Enforcement Act, which will eliminate the outdated insurance industry antitrust exemption, and force health insurance companies to compete fairly -- like virtually every other business in America.

Please join me by sending a letter to your members of Congress as well:

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