Just to be clear, medical insurance != medical providers. The cap that the ACA set was on insurance companies. And it would be good to put a cap on the profits of medical providers that are paid by the ACA coverage. That however is very complicated.
By comparison, Bush's Medicare Part D prevented the Feds from even negotiating drug prices. Its author, Billy Tauzin, is now a Big Pharma lobbyist.
Yup, and medical providers (like the compounding pharmacy in the pain cream case) need some attention as well and that is missing in the ACA.
I agree wholeheartedly. In my opinion, insurance providers and providers of health care (hospitals in particular) are trapped in a co-dependent cycle. Capping one without the other seems short-sighted to me.
Sunlight is an amazing disinfectant and it is my hope that our government mandates every doctor and facility publish the total cost of every prescription and procedure they employ. We will collect that data and disinfect the high cost of health care.
[1] https://www.fisherbroyles.com/marketers-for-compounded-pain-...