The premise is wrong.... since when do we decide that “too many” people have inadequate insurance. NOTE they do not say no care. In fact the system would be just fine with the following three adjustments
a) Tort reform -— get the vultures back into their cages
b) End government mandates —— we don’t need no dirty stinkin badges
c) medical savings accounts
Not surprisingly, Mr. Miller gets it wrong. He characterizes the primary problem as, “too many people lack adequate coverage.” Well, if that’s the problem, then Obamacare is the solution, since it would provide ‘coverage’ to millions who don’t have it now.
I think the problem is not too little insurance, but too much insurance. Consumers don’t pay, directly, for medical services, so they are not incented to make the best choices. Providers dance to the payers’ tune, so providers are not responsive, particularly, to customers.
The payers, insurance companies mostly, operate as semi-monopolies, due to counter-productive regulation. Their only real objective is to minimize outlay.
And it wouldn’t be that hard to start to change this.
“Mr. Miller, a gentleman is on the phone insisting to speak with you right away. He says he is the Pay Czar.”