HMO laws allowed for-profit healthcare insurance. Groups of doctors banded together and carved out exclusive contracts to sets of hospitals and providers.
Before this I recall seeing $7 taken out of my paycheck and there were no deductibles or copays. Meds were $5.
Before 1985 healthcare costs were very low, and population was way younger.
> Before 1985, there was no for-profit healthcare
Wait, what changed in 1985?
HMO laws allowed for-profit healthcare insurance. Groups of doctors banded together and carved out exclusive contracts to sets of hospitals and providers.
Before this I recall seeing $7 taken out of my paycheck and there were no deductibles or copays. Meds were $5.