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> Fixing the problem is rather simple: remove the regulations, allow free market entry and competition again, and put the onus back on market participants to ch
by kevin_b_er 3y ago
> Fixing the problem is rather simple: remove the regulations, allow free market entry and competition again, and put the onus back on market participants to choose for themselves what's best for them and their own particular situations.
This is a statement that cannot be farther from the truth.
There is a great asymmetry of information and a high pressure situation that leads to difficulty in researching and deciding on the best choice. It is a system that, without regulation, leads to exploitation.
The regulations exist because of the abuses, because of the immoral behavior it caused without them.
The only motivation to remove them is a profit motive. Avarice at the sake of lives. It is not 'regulations' that are a problem, but the immoral avarice living at the heart of healthcare in the US.