Raising Women’s Voices

Holding down prices: a legal roadblock

Posted in Uncategorized by raisingwomensvoices on May 27, 2009

Yesterday Robert Pear reported on the most recent problem that showed up in the health care reform debate: American antitrust laws. The Obama Administration and Congress are facing a significant legal conundrum: include everyone in the health care reform debate, work together to lower costs and…face legal consequences?? “Antitrust lawyers say doctors, hospitals, insurance companies and drug makers will be running huge legal risks if they get together and agree on a strategy to hold down prices and reduce the growth of health spending.” Whenever there are lots of stake holders together negotiating prices, there is risk to competition and the chance that consumers will have to pay higher prices. Yet without the buy-in to reform by insurance companies, doctors, and drug companies, there is little hope for comprehensive change. Read more here.

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