While I do think you make a good point, what do you think the impact of all the insurance money going directly to hospitals would have on the average cost of prices?
I think you also lose sight of the fact that hospitals would in effect be selling policies directly to patients, allowing them to pay monthly fees for coverage.
They would be self-insuring, instead of running things through a middle-man, traditional insurance.
All this money going directly to health care would have a very positive impact on the health care industry, and I believe the public to as a result.
Oh! And by the way, remember when it was against the law for investment banks and commercial banks and insurance companies to be in business together under the Glass-Stiegel Act?
All you'd be doing is making it possible for hospital administrators to charge whatever-the-heck they felt like because they could always just raise the rates to the patients to cover it no matter how big! They'd start by making sure the rates were high enough to cover all the dead-beats that game the system and the border invaders that won't pay anybodys premiums.
I think you'd better rethink your position because right now, the only one riding herd on Dr. groups and Drug companies and greedy hospital administrations are the insurers who eak out between 3% to 5% profit as a rule.
Hey! It's all one big water balloon! You push in on it here and it pops out over there on the oposite side!!!
The only job of the insurer is to pay salaries, commissions and reserve for and pay claims!!!
C'mon man… Think!!!