You are not signed on; if you are a visitor please register for a free account!
|The Market Ticker Single Post Display (Show in context)||
User: Not logged on
|User Info||Cut The Crap Trump And Congress: HealthCare; entered at 2017-03-14 14:57:17|
The repeated focus is entirely on insurance costs because the underlying prices have been jacked up so incredibly high that is very easy to scare people into thinking that without any insurance at all I'll be bankrupt for even the most minor hospitalization.|
It is entirely the wrong focus, but you could easily see how and other industries the same thing can and will happen if you allow the underlying cause to be jacked up through collusion. Imagine how much auto insurance would cost if all of the repair shops got together and decided that $2,000-$5,000 an hour for repair technicians was a fair price. Your insurance would basically have to cover almost a new car because even minor repairs it take 6 or 7 hours would likely exceed the value of any car even a few years old. Simply add in some government regulation to make it incredibly hard for new competitors to enter into the market and you have the same problem as we do with health care now.