specialk on 30 June 2017
| epicurean said:
4. I mean, this is the crux of the issue. If the one point of contact is the gov't (at least the US gov't) prices don't go down (in general). Lack of competition just results in a monopoly and prices going up. I like the idea in theory, but there would have to be serious changes. As stated earlier, medicaid and medicare cause prices to jump significantly here. |
This is untrue. Medicare and medicaid are far more efficient on a cost basis than their private insureres.
See this nifty graph from Kaiser (data from the Center for Medicare and Medicaid Services)
