The health care thing will work itself out if left alone. Premiums will increase to the point where employers will no longer cover dependents, and evenutally no longer the employees themselves. The health insurance industry will then lower prices so individuals (well, some of us anyway) can afford our own policies.
The health care thing will work itself out if left alone. Premiums will increase to the point where employers will no longer cover dependents, and evenutally no longer the employees themselves. The health insurance industry will then lower prices so individuals (well, some of us anyway) can afford our own policies.
Good luck with that. There are three key components to cost:
1. Provider Price
2. # Services/Utilization
3. Administrative expense
85% of the issue is #1 and #2. Much of that is delivered in an oligopolistic local market where everyone fawns all over the oligopolists (hospitals and their cradle to grave control of a huge percentage of all services delivered.)