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Let's take this a step further and make it so everyone has to pay for insurance, the insurance fee is based on income and not choices, and everyone is covered e
by Eisenstein 3y ago
Let's take this a step further and make it so everyone has to pay for insurance, the insurance fee is based on income and not choices, and everyone is covered equally.
Also, since it will all be managed by the same insurance vendor, then they can negotiate better prices in the market and make the system more efficient. Of course this will have to be highly regulated in order to make it fair. We could ensure this by having the major policies be managed by officials who are accountable to the public via a voucher system -- if the official makes bad decisions they get a 'no confidence voucher' and someone else who wants the job will get a shot at it.
This system would be far from perfect, but it would probably be better than paying corporations to run it when they are incentivized to provide only enough service to meet market and legal requirements and pocket the rest -- while showing shareholders consistent profit increases, which can't be tenable.