Clinton has ‘serious concerns’ about health insurance mergers

The Hill reports:

Hillary Clinton is raising objections to the proposed mergers of several of the nation’s largest healthcare companies, which — if she is elected — would go into effect during her time in office.

“As we see more consolidation in health care, among both providers and insurers, I’m worried that the balance of power is moving too far away from consumers,” she said in a statement, doubling down on her promise to crack down on health insurance companies in the post-ObamaCare era.

Clinton said she has “serious concerns” with the proposed mergers between Anthem and Cigna and between Aetna and Humana that are currently underway. The deals will be under review by the Department of Justice for the next year or so, likely running into the next president's tenure.

She also dismissed the idea that customers would benefit from the mergers, as the companies have repeated.

The whole point of ObamaCare was to cartelize health care: it's working as planned to limit competition and raise prices.