Does Mainstream America Believe Health Insurance Companies And Providers Are Concerned About Controlling Cost?

Controlling costs runs counter to their interests.

In a for-profit system the incentive is:

Provide the least product for the highest possible cost to the consumer, and ensure repeat business.

Does this sound like a good system for Health Care?

In a Public system, the incentive is:

Prevent need for service, when needed provide product/service as effectively as possible, and prevent need for repeat service.

The problem is of course issues of corruption and incompetence in the the public system. This can be mitigated by good oversight and checks/balances built in.

They are concerned about controlling cost. Just in Iowa the major health care company here paid out 102 cents for every 100 cents they took in last year. The US consumer is insulated from costs so they consume the most expensive cures for disease because they do not know the amount of cost they incur. Insurance companies are also mandated to cover some very expensive elective items that ramp up costs. The insurance companies are also restricted on the size of groups they can have by not being allowed commerce across state lines. One of the ways to lower costs is to spread risk out on a larger group, another is to have freedom of entry and exit from the market, and the another is to being able to choose the products a company can sell. None of this is truly permitted in the market so costs are not likely to go down. Just from discussions with doctors in the ER, a surcharge of 25 dollars would clear out 75% of their ER patients just on the fact that its no longer free and easy because of the "free rider" problem of healthcare. When ERs cost the US tax payer and insurance payer 700 dollars/per person and non to the "free rider" there is a problem a foot.

Mainstream America Believes That Typing In Initial Caps Is Impossible To Read And Really Annoying.