Before the pitchforks come out, keep this in mind: before Obamacare increased access to affordable individual plans, employers were the typical purchasers of health care plans. When you have a 100+ person company, the company pays a rate that averages out their employee pool's healthcare needs. Now we have a situation where more people can more efficiently participate in the healthcare market. Individuals who are young and healthy will opt for a lower cost plan, and those who already have illnesses or higher risk for illness will spend more for their healthcare. This efficiency on the consumer side is destroying revenue for the healthcare companies.
I am not saying that anything was even close to perfect before, but we're seeing the private sector responding to Obamacare - it's not profitable enough or even sustainable in some cases. Now the government wants to block companies from trying to salvage their profits? Yes, consumers are benefitting now, but what happens when there are 2 options left for healthcare in each state?
I think in this case, it's clear that the hybrid Capitalist / Socialist approach is not the way to go. Either the government needs to let health care companies operate the way the market allows them to, or move to a single payer system.
I fail to see how I as a consumer am personally benefitting. I have more expensive healthcare that covers less and it gets more expensive and covers less every year.
I'm sure there are a few very sick people out there who are benefitting. I'm glad that we as a society are able to help them out. But it's clear that I do not have choice in needing healthcare, whereas these providers do have a choice in providing healthcare.
I agree with you that the hybrid approach is not working.
> Individuals who are young and healthy will opt for a lower cost plan,
This doesn't jive with the Obamacare marketing: They specificially needed to get a lot of young healthy people to sign up, because their fees would pay for the older generations who have higher health care costs.
I am not saying that anything was even close to perfect before, but we're seeing the private sector responding to Obamacare - it's not profitable enough or even sustainable in some cases. Now the government wants to block companies from trying to salvage their profits? Yes, consumers are benefitting now, but what happens when there are 2 options left for healthcare in each state?
I think in this case, it's clear that the hybrid Capitalist / Socialist approach is not the way to go. Either the government needs to let health care companies operate the way the market allows them to, or move to a single payer system.