I believe that insurance companies welcome legislation and regulation. It requires them to hire more people and buy more equipment and services. All of that cos

I believe that insurance companies welcome legislation and regulation. It requires them to hire more people and buy more equipment and services. All of that cost then gives them added justification to raise prices, because ‘we are a public company and have a duty to return profit to our shareholders.’ All of that regulation is expensive to start with, and needs a profit on top of it. Another true story, even with a Health Care provider and insurance company I don’t hate: after a routine visit, I had to spend more time on the phone with both of them than I spent in front of the Dr In order to have the service code corrected so the payment would count towards my deductible. The administrators I had to work with are paid employees, their costs not only have to be covered, but profitable. Very polite, capable and professional and completely unnecessary. I dare any non-American to come into our system and figure out in-network vs. out of network, co-payment, co-insurance, personal deductibles, family deductibles, lifetime maximums, deductible vs. non deductible services... and then write an App that compares plans, even within the same insurer’s portfolio and tells me which is the better plan. Intentional value obfuscation, unnecessarily complex, adds to the bottom line.