Quote:
Originally Posted by AmeliaG
Seems like all US plans involve making sure the insurance industry still gets corporate welfare. The Alaska plan is basically socialized medicine only for super duper expensive stuff that would cost insurance a lot. If the point of insurance is to mitigate risk, why are people paying for it, when it is only going to cover more typical problems, not outliers?
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The problem is insurance has become ingrained in our society. It's not just an issue of say giving the insurance companies a way to make money, but no politician wants to be the guy to put them out of business. The insurance industry employees hundreds of thousands of people and there are tens out thousands of private insurance firms selling policies for these big companies..
If we strait up cut insurance companies out of health care it would be a bigger shock to the economy than the housing crash was. I don't like insurance companies, as I look at them as a useless industry that "shouldn't" exist in healthcare, but the fact is they are here and they are deep rooted into our economy.
edit I just looked it up.. 2.5 million people work in the insurance industry. Of course that covers auto, home & life.. We already know the auto insurance industry will be hit hard in the near future due to autonomous vehicles. Meaning that segment will already be losing lots of jobs in the future.
Single payer is what we should have, but getting there is the tricky part..