Oh no Healthcare is going to be without money soon.
Can we change the laws to force the health system to be competitive again?
“Can we change the laws to force the health system to be competitive again?”
Drug coverage should be separated out. The drug companies should not be able to financially piggyback on the possible need for emergency surgical care. Because federal patents allow drugs to be so extravagantly priced, the federal government is in my opinion going to have to subsidize drug coverage to at least the 300% of FPL level. If you take such a subsidy after age 23, your share-related capital gains and tort winnings based partially or wholly on you probably should be forever subject to a drug subsidy funding tax on them, perhaps initially at the 20% level.
Separating out drug coverage would allow hospital systems to be complete providers of care. They could then financially tell insurance companies where to go.
Hospitals should generally be broken into two, so they no longer are local monopolies. The union contracts of each should have to be substantially offset (by two months or as much time as possible) and no union should be allowed to have a contract with both.
If a hospital is too small to be broken into two, it should be converted into a real estate entity renting out space to medically licensed individuals and partnerships of medically licensed persons.