which means they’re now overpaying for the risk mitigation relative to the private situation given their actual level of risk. I’m for public Either Give Me More Wine Or Leave Me Alone Shirt in Aus/NZ), but it is a transfer of wealth from younger, healthier people to older and more vulnerable people. That’s a good thing on the whole, but some individuals will necessarily be worse off as a result. It’s not though, because here in the states we’re still legally required to have insurance or we get fined. Paying taxes wouldn’t change anything in a practical sense. However the larger issue in the US is the health care and insurance industry as a whole are wildly corrupt. In 1994, after state directors rebelled, the Blues’ board relented and allowed member plans to become for-profit insurers.
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Prices are artificially set for insurance companies and the cost just gets kicked back to us as consumers, Either Give Me More Wine. Or Leave Me Alone Shirt business expenses. If there was a single payer health care system (private or public) they could negotiate lower prices for health care. I think in the states people have the wrong idea – before we figure out who pays we need to have a conversation on why we are charged 3-5x more for healthcare than any other country on the planet. “Aetna and Cigna were both offering major medical coverage by 1951. With aggressive marketing and closer ties to business than to health care, these for-profit plans slowly gained market share through the 1970s and 1980s. It was difficult for the Blues to compete…
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