There is a bill pending before the Kansas State Legislature that would prohibit private companies from selling health insurance and would make the state the single payer of health care bills. Private health insurance companies that have made above normal profits have spent large sums of money trying to prevent this bill from being passed into law. This is an example of

Question

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This scenario illustrates rent-seeking behavior, as private health insurance companies are using their resources to lobby against the proposed legislation in order to protect their profits and market position.

There Is a Bill Pending Before the Kansas State Legislature