08-03-2017, 12:24 AM
(08-02-2017, 07:46 PM)SunsetBengal Wrote: 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...
Just look at the OTC herbal and supplement industry. In one study of major brands only 10% of the supplements had exactly what was listed on the label in the amounts listed while 10% didn't have any of the listed ingredient. The remaining 80% had some, but not all, of the listed ingredients, but not in the amounts listed. Meaning a full 90% of supplements contain fillers such as rice.
Products like Airborne and homeopathic remedies are completely ineffective.
Just because there is competition doesn't mean they offer quality products. Many of the supplement companies knowing sell crap that doesn't work, yet they don't care as long as they make money.
Obamacare requires health insurance policies to cover a minimum amount of services. The Republican are trying to do away with that.
