Quote:
Originally Posted by L-Pink
Some recent insurance company mergers have narrowed consumers choices down to just 3 major companies.
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That may be a good thing -- an opt-in "Americare" patterned after Medicare would not be a monopoly but a viable competitor to private health insurance corporations that are for profit.
Maybe, a government administered non-profit would be a same-services lowered cost option. As a non-profit government corporation it would be exempt from taxation (that is a savings to consumers right there) and its chief administrators would not be getting insurance company CEO and C level salaries of 10's or 100's of millions of dollars a year pre-tax. Prices of medical services could be forced lower by the largest pools of patient belonging to (and paying premiums to) this new non-profit. This is a middle step toward taxpayer funded public healthcare. That has to happen in the next 10 years to control the costs.