Medical

Industrial Complex

 Update

**************

Senator

Rand Paul (R-KY)

Medical Price Fixing 

and 

Collusion Act

MADE LEGAL

 DYI:  Buried deep in the bill (so typical) is:

 SEC.601. QUALITY HEALTH CARE COALITION.

    (a) Application of the Federal Antitrust Laws to Health Care

Professionals Negotiating With Health Plans.--

            (1) In general.--Any health care professionals who are

        engaged in negotiations with a health plan regarding the terms

        of any contract under which the professionals provide health

        care items or services for which benefits are provided under

        such plan shall, in connection with such negotiations, be

        exempt from the Federal antitrust laws.

Further along in Sec. 601 the authors of this monstrosity decided to double down and repeal 100 year old antitrust laws specifically the Clayton Act.

(b) Definitions.--In this section, the following definitions shall

apply:

            (1) Antitrust laws.--The term ``antitrust laws''--

                    (A) has the meaning given it in subsection (a) of

                the first section of the Clayton Act (15 U.S.C. 12(a)),

                except that such term includes section 5 of the Federal

                Trade Commission Act (15 U.S.C. 45) to the extent such

                section applies to unfair methods of competition; and

                    (B) includes any State law similar to the laws

                referred to in subparagraph (A).

Then to add insult to injury the Feds are superseding State laws to once again demolish the 10^th Amendment of the Bill of Rights!

The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.

The gift that keeps on giving.  If this bill were to pass health care providers will gorge themselves on all of the cheap money available and go on a merger and acquisition orgy.  Prices for medical services will sky rocket as competition is rapidly eliminated starting from a base of 9% currently.  Prices could easily rise in the mid teens say around 15% EVERY YEAR!  Medicare is currently 25% of the budget this would put this cost on the path of almost doubling within Trump’s first year!

Here is the list of bribes, I mean campaign contributions Rand Paul receives.  Source Open Secrets.org

   Top 5 Industries, 2011 - 2016, Campaign Cmte

Industry                           Total            Indivs.         PACs

Retired                            $875,821     $875,821     $0

Health Professionals        $556,004     $471,504     $84,500

Republican/Conservative $467,135     $432,870     $34,265

Securities & Investment   $381,674     $362,674     $19,000

Real Estate                       $284,254     $266,754     $17,500

 DYI