The middle man, insurance companies need to make a profit for their shareholders, is the main problem....if the govt paid the hospitals and doctors only for when care is provided for those who are in poverty and just above poverty, would cut out the middle man getting his take of all that ACA money....are my thoughts.... But likely just a pipedream.....: (
Something has to be done to cut costs for us and our government spending on it.
If this were a business, other competition would come in and end up flooding the market with supply, carrying the same hot or needed product which would lower prices due to inventory meeting or over meeting demand.....increase in supply vs demand, lowers prices for consumers is the basics of it.
Does this business model fit the healthcare industry...? Can it?
More Doctors is increasing supply and more hospitals is also increasing supply vs our demand for it...
would prices and costs go down? Would all hospitals entering as competition find a profit in it? Supply won't increase if there isn't a profit in it....
And a lot of the costs are in research and development of new technologies, and new medicines, so not necessarily the hospitals themselves....but in what hospitals need to treat you....
And doctors don't want an increase in more doctors because that would lower their own salaries.....bigger supply, reduced prices.
The price of healthcare insurance the 10years prior to Obamacare were rising double digit of 10% or more each of those years....
Since Obamacare, they have risen 6% a year the last 10years....well above CPI...double what our cost of living has risen! So it is still big increases in costs....
Let's just say, there is no EASY BUTTON on this dilemma....but there are very smart people out there, that could find a fix that could help Congress on it.
Instead of WORKING on solving this major problem, congress was shut down and twiddling their thumbs ...the last 40 days, with us paying them....woulda been a perfect opportunity to put their heads together on it.....
www.americanprogress.org
www.citizensforethics.org
