Quote: (11-07-2016 02:14 PM)kaotic Wrote:
Here are some of her points:
-Insurance companies are choosing what they price at
-Gov has no say in cost of premiums, otherwise it wouldn't be capitalism
-Healthcare has become a monopoly - insurance has more than 1 provider (includes private/public assistance) - the can create their prices in free market
-ACA is the only thing regulating this
-Floors and ceilings aren't regulated by government unless a monopoly or a special situation - or messes with free market
-Premiums is entirely up to provider and has nothing to do with only laws set in place if you were to switch providers
That's extremely disingenous. Government isn't mandating how they price their product...true, but let's look at what comprises a revenue. Revenue - Expenses = Profit. In order to maintain a break even (profit > 0) in a situation where expenses are rising exponentially, you need to rise revenue to match. So they aren't directly setting prices but they're sure as hell controlling the inputs to that price.