dank69
Lifer
- Oct 6, 2009
- 36,794
- 31,802
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The ACA attempted to cap Insurance profits but it ends up being counterproductive. There are tons of loopholes to turn profits into something else to skirt the limits. Then when those limits are still a problem they just work with the whole corrupt system to raise prices across the board. A procedure that used to cost $1000 would only yield $150 so make the whole thing cost $10,000. Hospital wins. Insurance wins. Regular Americans lose.Look I'm all for thinking outside the box, and you could argue as inefficient as our "system" is, you could improve it in a litany of ways if you could only resolve the political gridlock.
But what you proposed is an arbitrary 15% profit margin on the thousands of inputs* in the health care system. If that's your proposed solution, it's total fantasy land. I don't even know how the federal government would implement that, and how it even fits into our legal and economic frameworks. But first you'd have to eliminate the entire GOP and conservative political class to want to implement something like that.
If your original proposal is simply to cap the profit margin of health insurance companies, then @IronWing already responded that costs to consumers will not go down. There's profiteering at all levels of health care in the U.S., and some resultant fraud. Insurance companies are a handy (and deserving) scapegoat and UHC is the worst of the worst. But just capping their net profits doesn't magically fix the problem. Thedeniersinsurers alone aren't doubling our total medical spending. This is not to condone UHC's business model, which is essentially to fuck over some members so that shareholders can make more money.
* A lot of these inputs are people, doctors, nurses, admins, etc. How do you regulate that?
Every healthcare debate should be shut down immediately by pointing out every other country does it for half the cost with better results. No matter what the opponent says, the response should just be "every other country does it for half the cost with better results" over and over. 10 years of the media doing its job and every one of us doing our job would get us there. Fox News ditto heads have no counter to it.