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At best this is a bandaid and not a cure. To treat the problem, you have to go straight to the root. And that problem is: The cost of free is too damn high.
by IanDrake 7y ago
At best this is a bandaid and not a cure.
To treat the problem, you have to go straight to the root.
And that problem is: The cost of free is too damn high.
Most people in the US don't pay for their medical care or their medical insurance. It's "free", at least in terms of money out of pocket.
We need to remove the corporate tax deduction for healthcare insurance from the tax law. This in turn will solve most other problems as market forces are brought back into the picture.
Once people start selecting and paying for their own policy, they will be more price conscious on their claims, as most people already are on their auto insurance.
Once people are more price conscious, medical facilities will begin to complete again on price and insurance companies will focus on individual plans.
It all has to start with the consumer though, and currently the consumer doesn't care what the price is. They don't pay for the medical care and they don't the insurance premiums.