Ratigan On Breaking The Health Care Insurance Monopoly -- Aired November 10
This is not a call for a public option, rather an end to state insurance monopolies and the anti-trust exemption that the industry enjoys.
The practice started during World War II as a result of fierce competition for a shrunken workforce and it continues today. It's antiquated and economically destructive as certain segments of the labor force remain working only for healthcare benefits as they await eligibility for Medicare, often for years and occasionally for decades, thereby keeping younger workers more relatively underemployed, during what should be their peak years of productivity. It's an issue we will face more often in the years ahead as competition rises for employment of all types. I doubt U6 will ever measure south of 10% in the U.S. again, and that means we will increasingly be looking to creative solutions to make it easier for willing older workers to retire early. Removing the employer-based healthcare structure and granting earlier eligibility for Medicare is one solution, though an overall de-coupling of the practice is greatly preferred.
Another outstanding clip that puts you ahead of the government and your employer in making the healthcare decisions that are best for you alone. Runs 5 short minutes.
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