A single payer system is urgently needed to solve this catastrophic crisis for working people.
Huffington Post Politics: 8-13 15
Lawrence J. Hanley, International President, Amalgamated Transit Union in DC; Member of the AFL-CIO's Executive Council
The flurry of recent merger announcements from the handful of remaining national health insurance providers is cause for alarm for all Americans.
The Affordable Care Act (ACA) has taken nearly full effect and it is clear that staggering annual increases in health insurance premium costs are still with us. The skyrocketing costs of health insurance and health care treatment are pushing working American families well past the breaking point. There is a limit to what working people can afford to pay for what should be a human right.
The most recent corporate advances down the road of health insurance monopolization are the announcements that the enormous Aetna intends to absorb rival Humana, and at the same time the Anthem corporate giant -- formerly Wellpoint -- is maneuvering to swallow Cigna.
Should these latest anti-competitive takeover moves go unchallenged by the Obama Justice Department when there is little doubt that the trend of double digit premium increases will accelerate?