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Do you trust health insurance companies or hospital administrators to pass on the costs saved from reduced regulation to consumers? I absolutely do not.
by micromacrofoot 5y ago
Do you trust health insurance companies or hospital administrators to pass on the costs saved from reduced regulation to consumers? I absolutely do not.
- j_walter 5y agoNo more than I trust the government to work on passing on reduced costs in the form of lower taxes...
- micromacrofoot 5y agoFair, but I can't vote for/against private health insurance companies and they have many fewer transparency requirements. Citizens have much more power when it comes to the government versus private industry. I can't even vote with my wallet because my employer chooses my insurer.
- xboxnolifes 5y agoNo, but it's not about trust. Businesses don't lower their prices out of good will.
- micromacrofoot 5y agoand health insurance companies have zero incentive to lower their prices, it's not even a competitive market because the majority of health insurance is tied to employment – even as an employer costs are roughly the same across the board, especially if your company is too small to negotiate better rates