Quote:
Originally Posted by woj
That seems like sound logic, but how could introducing more players into the game lower the costs? Imagine for a second that no one in the US has health insurance...now you bring insurance into the equation, obviously insurance company is a for profit business, so how could letting them get involved lower costs?
It seems pretty clear to me that if you let insurance companies suck out more money out of the healthcare system the costs can only rise....  |
Simple... by having all the healthy people who weren't buying insurance in the system there is more money to cover the costs of those who need it. Healthy people have low medical costs.
What keeps the insurance companies from sucking the money out are the provisions in the Affordable Care Act that require them to use a specific percentage of premiums for actual health care.