Polly
2011-09-24 10:13:29
Competition in health insurance leads to lower cost, too. Consider what happened when Wisconsin, having managed to rein in the teachers’ union just a bit, was no longer required to buy teachers’ health insurance from the union’s own insurance company. Some districts put the contract out to bid, resulting in lower health insurance costs; for others, the union’s health insurance company promised to lower their price to meet any other company’s bid, resulting in lower health insurance costs for those districts, too.
Such a shame the union lost their monopoly on teachers’ health insurance!! It’s so much easier to be profitable when there is no competition allowed.
