True
Compounded by the fact that the "guaranteed issue" mandate forces insurers to cover their precious "prexisting condition" after they go out and contract every terminal STD in the book.
Other reasons include greed on the part of all involved: patients, doctors, hospitals, medical equipment companies, pharmaceutical companies, and insurance companies.
False
The insurers make between 3 and 4% profit. Just because a lot of money flows through their hands doesn't mean they manage to stuff their pockets.
The doctors have huge bills resulting from massive college loans and other expenses, they live through hardship during the opening years of their career. Doctors save lives and relieve suffering on a daily basis and deserve to be highly paid professionals. If they are not, they deserve to be sued and removed from the profession.
To demonize the docs as greedy undeserving bastards is just...RAT.
Hospitals, on the other hand, mostly non-profits, are a different matter, and that begs the question:
Are they a private or public institution?
The nonprofits are not only beholden to the government for funding, they are also helpless puppets dangling from the infinite number of strings attached to that funding.
The balancing act of providing "free healthcare" to medical welfare and other deadbeat patients, while jacking up the charges to cash patients and insurance companies is asinine. This practice, called "Cost shifting" is a major item in "healthcare reform" that needs to be addressed, but is going untouched.
Cost-shifting should be banned!
Greed...(I’m sure I’m failing to mention some other factors.)
Boy I'll say.
The "greed" you refer to is the socialists that put all of the above in place. Implementing their "Holy Sacrament" of free healthcare as a right and using your money (at least twice) to buy the votes of the dependent class.
The Greed belongs to the RATs!
If the private insurers and private providers were allowed to operate in a free and open fashion, letting patients "shop" for the best deal on any given procedure (consumer driven healthcare) without the unGodly complications of government programs and regulations...we could be getting back to having the best healthcare system in the world, and unwinding decades of "healthcare inflation".
Return on Equity is a better measure. Insurance companies generate a much higher ROE.
Jumping to accuse me of being a RAT is juvenile.
Your arguments are unconvincing in any area.