08-02-2017, 07:46 PM
(08-02-2017, 07:02 PM)Dill Wrote: Is there any reason to believe that free market competition among insurers would improve the quality and affordability of health healthcare in the US?
Has it worked that way anywhere else in the world?
To first part. I absolutely believe that free market competition forces competing companies to put out a quality product at an affordable price. If they don't, their company fails, and they go out of business. If companies A and B are both Federally licensed to sell health coverage in the US, and carry relatively similar products, and are both allowed to market the same population, the company with the better rate is going to win 10/10 times.
As to second part. I really don't care what works in the rest of the world. We don't live in the rest of the world, we live in the US. The US is unique. We have a government of the people, for the people, by the people. By and large, even our lower class citizens enjoy a more prosperous existence than the majority of the world. Why is the US so wealthy that even our poor have luxuries like cell phones, tattoos, tricked out cars? Because we are a Capitalist Economy, we make more money than we need...
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