| sethnintendo said: @MrStickball, |
what thats not how free market works. sure they can jack up the prices, but good luck getting any business doing that. people will then just flock to the lower cost insurer that does a better job, and the business that has higher cost and worse coverage will go out of business.
on the other hand, if you have governmnet be the insurrer then you have a manopoly, one that cant/doesnt go out of business. so they can raise prices all they want, or keep them artificially low, costing tax payers. they also dont have any accountablility, so their bad practices will go unpunished, and productive employee wont be fired and their wages will go up because in part by unions. they will be this huge entity that grossly overlooks problems becuase they have no one near the problem solving it. there will be no innovation, because there will be no incentive to innovate.
so private businesses will go out of business and government will stay in business lossing billions every year in waste, and cost tax payers billions.
