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Nope, the biggest factor for the high cost of health care is the FALSE "free market" that we have in health care!The big health insurance corporation are PRICE FIXING. . .they all cost about the same. . . because, although they are "suppose" to compete with each other, they are very happy to "compete" at a much higher level (that allow for big bonus for their CEO's) level. . .instead of engaging in a REAL free market competition (a good, old fashion, price war would help!) where they actually bring the prices down to compete (instead of up!)And this is why a public option would have been the REAL way to reduce health care cost by providing a REAL competition. . .just as they do in many European countries, where private insurances (generally called "mutuelles") don't only compete with other (for profit) private insurances, but with a few "public options" offered by the government and, obviously, non-profit!That is the REAL free market competition!
Nope, the biggest factor for the high cost of health care is the FALSE "free market" that we have in health care!
The big health insurance corporation are PRICE FIXING. . .they all cost about the same. . . because, although they are "suppose" to compete with each other, they are very happy to "compete" at a much higher level (that allow for big bonus for their CEO's) level. . .instead of engaging in a REAL free market competition (a good, old fashion, price war would help!) where they actually bring the prices down to compete (instead of up!)
And this is why a public option would have been the REAL way to reduce health care cost by providing a REAL competition. . .just as they do in many European countries, where private insurances (generally called "mutuelles") don't only compete with other (for profit) private insurances, but with a few "public options" offered by the government and, obviously, non-profit!
That is the REAL free market competition!