I wouldn’t say eliminate insurance companies at all. Transforming them perhaps.
“I wouldn’t say eliminate insurance companies at all. Transforming them perhaps.”
IMO Insurance companies and trial lawyers are the bulk of the problem with our healthcare. The problem being that it is too expensive.
Doctors pay ~50% of their revenue for malpractice insurance. Hospitals charge $20,000 to cash payers for something they get maybe $8,000 from insurance companies. Labs charge cash payers $150 for a test they get $19 if the patient has insurance.
That said, having the govt control healthcare is not the answer.