Making It More Affordable?
This is how the gouging game works.
1) Legislate a mandated insurance program.
2) Allow industry and markets to consolidate to defeat free-market mechanics and…
3) make it illegal to import products at competitive prices.
In order to afford prices rising well beyond your income, you buy into the insurance program to “make it more affordable.” There is then no incentive to control costs.
Costs keep rising because you are mandated to buy into what supports it. Deductibles then rise to cover the rising costs. You are then left with paying premiums without getting the healthcare you need because you cannot afford it.
(It is capitalist heaven!)
You’ve been conned! “The system” is deliberately structured to do you harm in the name of doing the public good — and what are you going to do about it!
The first thing to understand about this system of “structural incentives” is that capitalism is not a free-market system.
The GOP’s “freedom caucus” claims its new healthcare plan eliminates the mandate so that free-market mechanics legitimately determines costs (at equitable prices). If you do not buy insurance, then the insurance company can add 30% to your premium when you do since, using the capitalist model, prices will rise so high and fast that insurance is the only means (the incentive) to make it more affordable.
Once again, you’ve been had — and what are you going to do about it!