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You're implying that insurance companies will allow prices to fall and lower their profits. That seems like a really unlikely event in the current economy. They
by kurthr 7mo ago
You're implying that insurance companies will allow prices to fall and lower their profits. That seems like a really unlikely event in the current economy. They fire a lot of doctors and nurses, but they won't lower prices.
- xeromal 7mo agoThis is assuming no competition materializes from the lowered friction
- skybrian 7mo agoThe ACA requires 80-85% of health insurance to go toward medical care (medical loss ratio). The way they work around that is to figure out how to charge more for medical care.
- kurthr 7mo agoExactly my point.