With health care making up an estimated 16% of United States Gross Domestic Product , increasing competition has been touted as a key mechanism for reigning in skyrocketing costs as the US congress debates health care legislation. That includes competition for health insurance and prescription drugs. However, although everyone agrees that competition is [...]

On November 7th, 2009 at around 11pm, the US House of Representatives narrowly passed a sweeping health care reform bill by a vote of 220 to 215. The nearly $1.1 trillion bill would extend coverage to an additional 36 million Americans that are currently without health insurance and also create a government run public [...]