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View Diary: Sumthin' Ain't Quite Right In Health Insurance (10 comments)

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  •  Captive Customer Base (3+ / 0-)

    There can be no free market when customers can't say no. Combined with the myth that somehow corporate bureaucracies are inherently more efficient than government ones and you have the perfect shitstorm we call health "insurance". The reason rates and costs are so high is because everyone knows they have a captive customer, who's gonna gonna let Grandma die to save a buck? Well.. the guys running the insurance companies might, but most of us wouldn't want to do that.

    The states are just playing the game like everyone else.

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