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Politics : Formerly About Advanced Micro Devices

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To: RetiredNow who wrote (550869)	2/18/2010 1:39:02 PM
From: bentway	Read Replies (2) of 1576107

The reason health care should not be a capitalistic, private function is screamingly obvious. The incentive for insurance companies is to provide the least, most inexpensive care for the healthiest people they can sign up. If a customer gets sick, the incentive for the health insurance corporation is to find some reason to deny the care or to drop the customer. Corporations exist to make profits. Sure, they're run by people, but every person IN a corporation is pressured to serve the bottom line. Despite the free market fiction that competition lowers costs for the consumer, all you have to do is look at the health care industry and KNOW that this isn't the way it's been working here. One insurer just jacked their rates 39%! The truth is, providers form local monopolies, and if there are other local providers, they collude to keep prices elevated. An exchange wouldn't change this behavior. Why is it that no one ever questions that our military is run by the government? Why wouldn't several competing mercenary organizations serve that need?

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