Re:Problems with relying on billionaires to save us
by micromacrofoot on Wednesday October 13, 2021 @03:05PM
(#28856066)
Do you trust health insurance companies or hospital administrators to pass on the costs saved from reduced regulation to consumers? I absolutely do not.
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Re:Problems with relying on billionaires to save us
by j_walter on Wednesday October 13, 2021 @03:09PM
(#28856121)
No more than I trust the government to work on passing on reduced costs in the form of lower taxes...
Re:Problems with relying on billionaires to save us
by micromacrofoot on Wednesday October 13, 2021 @03:14PM
(#28856205)
Fair, but I can't vote for/against private health insurance companies and they have many fewer transparency requirements.
Citizens have much more power when it comes to the government versus private industry. I can't even vote with my wallet because my employer chooses my insurer.
Re:Problems with relying on billionaires to save us
by xboxnolifes on Wednesday October 13, 2021 @03:13PM
(#28856194)
No, but it's not about trust. Businesses don't lower their prices out of good will.
Re:Problems with relying on billionaires to save us
by micromacrofoot on Wednesday October 13, 2021 @03:18PM
(#28856257)
and health insurance companies have zero incentive to lower their prices, it's not even a competitive market because the majority of health insurance is tied to employment – even as an employer costs are roughly the same across the board, especially if your company is too small to negotiate better rates