Comment by t-writescode
1 year ago
I agree! There's no inviolable law.
What there _is_, is too much pain and too many spoons that each and every person needs to manage every day, and most (nearly all) people are unable/unwilling to let even more important things drop.
We also have crab mentality in the US, where if one person hopes for, or even gets, something better, they're pulled back down.
And we have an efficient, powerful propaganda machine that tricks people into voting against specific areas of their interests - see "I love ACA, but I hate Obamacare" commentary.
The work to fix this is terrifyingly hard and *huge* and the people that will choose to fight and improve the situation will be making absolutely enormous sacrifices to do it.
>I love ACA, but I hate Obamacare
To be fair, ACA passed, and here we are. Healthcare companies are making more than they ever did. Have you considered that powerful propaganda machine works both ways?
https://www.axios.com/2024/08/08/insurer-profits-health-care...
It's not surprising that a law whose goal was increasing the customer base for a service also increased the profits of that industry.
Maybe that's because profit obsessed entities who are run by evil people are like the Borg in that they adapt and find ways around obstacles.
Think this is a failure of govt to use capitalism as an effective tool. More competition in the insurer space means non-evil players can afford to manage risk
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I think a main root cause of high insurance costs is failure of govt to break up health company monopolies and other impediments to a competitive marketplace like no individual mandate which should make it hard for smaller players to take on risk that they can afford to manage.
wrong take, companies started consolidated right after ACA passed.
It was less concentrated industry before the ACA.
the fundamental reason is as usual: too much government regulation that was erected with good intentions, but ended up becoming a competitive Moat that reduced the competition and entrenched big players. With that amount of regulation healthcare should be universal like in Canada or UK.
To maintain private healthcare sector, there should be less government
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