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J. Reed Anderson

The bedrock insurers, Blue Cross-Blue Shield, Humana, Kaiser, et. al., all feared the talk in states that perhaps it was time to open health insurance to the same competition auto, home, life, etc., had. Thus, they sought to keep their control of the health insurance market with legislation. They never figured that as the nationalization of their industry occurred, they, the supporters and financiers of honoraria, consultants' fees, and whatever else can be laundered through LLCs, that they would actually lose their companies to a government agency. Now they've got to make money fast, and lots of it. Deals with the devil.

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