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The insurance companies supported and lobbied for the ACA -- which was the only reason it barely passed -- because they thought they were getting a gigantic pay
by bcoates 13y ago
The insurance companies supported and lobbied for the ACA -- which was the only reason it barely passed -- because they thought they were getting a gigantic payday from the employer mandate. With that gone they're doing their best to either kill the law or perhaps lean on it hard enough to get vastly broader subsidies to make it worth their while.
The 11-dimensional chess idea that passing a law to destroy the individual insurance market is going to bank-shot into single payer would require an absolutely massive outbreak of corporate and public support that really doesn't have any reason to appear.
- clavalle 13y agoIt is more like checkers. Limit the moves: Profit is capped. Now profit can only grow through growth in a market that is, by law, fully saturated. That means mergers. Once the field is winnowed down to a few players, government can cry 'monopoly' and regulate it until it is government run in all but name.