That said, I do know that there are negotiations between doctors and insurance companies as to how much money changes hands for insured patients. If you're going to apply free market principles to one side of the equation, you need to apply them to the other, too, and blame the insurance company for not being a better negotiator.
Insurers have no interest in negotitating. The more health care costs the more it benefits them as well. They are taking a percentage off the top just like any other business. If a procedure costs $70 they don't get as much profit as if it costs $700. Employers could try to negotaite for better insurance rates but that doesn't do much good for a number of reasons. One good reason being health care insurance is exempt from anti-trust laws so there really are no other choices in health care- the rates are fixed. Small business has even less leverage to negoitate health care, especially if the employees of the business are mostly older. The only way to lower health care plan rates is to increase pool size so you have more younger people with health care who can balance out the older people.
Yes. The only thing that will work is for people to pay their own way.
Previous Topic
Index
