Quote:
Originally Posted by Derwood
not-for-profit insurance is the only way to go, IMO, but that's something I doubt you'll agre with (ha ha ha)
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As un-American as it sounds, I am slowly coming to this same mindset. I know in my own case my family's deductible and premium's both went up by half this year, my co-pay doubled and our coverage was reduced (we paid nearly over twice as much to have our second child in March when compared to the first one back in 2006) all while my insurance carrier posted record profits.
Although, having said this I think any real reform to the medical industry has to start with tort reform to reduce the cost of malpractice and all that is associated with it. From there, we need real reform in Washington to reduce the influence of the insurance and pharmaceutical lobby on Congress. Once these two things are under control, we can start to see what things look like.
The problem is that even once those two things are fixed (assuming they could be fixed, that is) I doubt prices would come down. After all, why charge less than you have been charging?