Quote Originally Posted by maks View Post
of course the real irony of all this is that insurance is the reason healthcare is so expensive in the first place
It's not the insurance at fault, it's the health care system. They charge tons of money for their services because the products they get from health care and pharmaceutical companies are extremely overpriced and they can get away with it because most people have insurance. Overpriced products pass the expense on to the hospitals, overpaid doctors pass the expense on to the insurance companies and the insurance companies pass the expense on to the customers by jacking up their premiums and denying coverage. That is why i think obamacare might be a decent solution just because I believe it will reduce healthcare costs... ASSUMING the government strictly regulates the insurance agencies so they don't jack up rates. Otherwise it could make health care even more expensive if all these people that were previously denied coverage are now able to get insurance and spend a lot of money.

we have a lot of public hospitals which treat the poor and uninsured for free, and they get government funding, but many of them are closing down or declaring bankruptcy because their costs are too high and the number of uninsured free treatment patients is growing, meaning the public hospitals get no compensation for the cost of their services. A true universal system would solve this problem by pumping the public hospitals with tons of funding and overseeing the prices of health care products and services, but Obamacare should also help these public hospitals by providing more people with insurance.