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Florida health insurance lack of competition

According to a recent report released by consumer advocates, health insurance companies in Florida control so much business that they have subdued competition and fueled health insurance inflation in the state. Due to the lack of health insurance competition in Florida and nationally it has lead to insurance premiums increasing and ultimately contributes to the millions of uninsured people. The consumer advocates are lobbying for a public plan option which is supposed to bring more competition into the market place. Blue Cross and Blue Shield of Florida and Aetna control about 50 percent of Floridaâ??s insurance. If consumers do not have many choices in the way of insurance then the insurance companies can basically do what they want. Do you agree?

 

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This entry was posted on Tuesday, August 4th, 2009 at 11:38 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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