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To: IBD editorial writer

If they couldn’t pass straight repeal, why didn’t Trump/Ryancare have two critical market driven provisions? Specifically:

1) Pricing transparency and visibility
2) National market for health insurance

Once again, the leviathan state ignores the potential for market forces to lower costs.


7 posted on 05/06/2017 5:48:39 AM PDT by Soul of the South
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To: Soul of the South
"Market forces" will never lower costs when you have three parties in a transaction. In fact, there's no such thing as a "market force" when a buyer and a seller do not deal directly with each other.

An auto insurance claim is a perfect example of this. If you are involved in a crash and your car isn't totaled, you really don't care if the cost of the repair is $2,000 or $5,000 -- because you're not paying for it. And the insurance company doesn't care about pushing the body shop to do a $5,000 repair for $2,000 -- because they're not the ones who have to drive the car after it's fixed.

12 posted on 05/06/2017 5:58:05 AM PDT by Alberta's Child
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