KittenKoder
Senior Member
Okay Rocks ... let's look at cause and effect:
The government pushes huge numbers of regulations on the health industry as a whole. One such regulation is their own insurance for "malpractice" and such (most malpractice lawsuits are just disgruntled patients or greedy fucks trying to get free money). They have to pay this insurance so those companies can then set their own rates (often much more than they are worth) because of invented fears many have. However it doesn't stop there. The doctors then realize that the system can be taken advantage of, thus they pass the costs onto the patients anyway. Health insurance companies then get paid by doctors to include them on the list, another cost passed to the patient. Then doctors also notice that if people are scared of getting sick they will come more often, thus they get paid more often and can charge more to the insurance company (which passes that cost to everyone who has that insurance), so they make up a lot of "diseases" (like RLS *eye roll*). All the while drug companies then pay the doctors to "endorse" their medications over other brands, which the doctors pocket because they don't have to tell anyone about that. Now the drug company raises their costs to the patient (and thus the insurance company) to cover that, thus raising the insurance rates more.
What keeps the insurance companies from charging 1,000 a month? Because there are still a few honest ones that don't pass all the costs to policy holders, thus in order for them to keep collecting they have to lower their rates a little. The really funny thing (and I only covered a few regulations not even half of them) is that these regulations already enforced do nothing to protect the patients in any way, in reality most harm the patients (not just in the pocket book either). If you really think that consolidating them all into one company would drop rates you really don't know much about economics or inflation.
The government pushes huge numbers of regulations on the health industry as a whole. One such regulation is their own insurance for "malpractice" and such (most malpractice lawsuits are just disgruntled patients or greedy fucks trying to get free money). They have to pay this insurance so those companies can then set their own rates (often much more than they are worth) because of invented fears many have. However it doesn't stop there. The doctors then realize that the system can be taken advantage of, thus they pass the costs onto the patients anyway. Health insurance companies then get paid by doctors to include them on the list, another cost passed to the patient. Then doctors also notice that if people are scared of getting sick they will come more often, thus they get paid more often and can charge more to the insurance company (which passes that cost to everyone who has that insurance), so they make up a lot of "diseases" (like RLS *eye roll*). All the while drug companies then pay the doctors to "endorse" their medications over other brands, which the doctors pocket because they don't have to tell anyone about that. Now the drug company raises their costs to the patient (and thus the insurance company) to cover that, thus raising the insurance rates more.
What keeps the insurance companies from charging 1,000 a month? Because there are still a few honest ones that don't pass all the costs to policy holders, thus in order for them to keep collecting they have to lower their rates a little. The really funny thing (and I only covered a few regulations not even half of them) is that these regulations already enforced do nothing to protect the patients in any way, in reality most harm the patients (not just in the pocket book either). If you really think that consolidating them all into one company would drop rates you really don't know much about economics or inflation.