The ACA was supposed to have a public option that would put a control on the insurance prices. Ideally the public option would be so good that the insurance industry would just wither and die.
But the health insurance industry, mainly via Joe Lieberman, made sure that was never going to happen.
Unfortunately Capitalism by its very nature abhors a free market. Free markets mean more competition, which means less profits. Which is counter to the ideology of capitalism, that being higher profits mean success.
Removed by mod
The ACA was supposed to have a public option that would put a control on the insurance prices. Ideally the public option would be so good that the insurance industry would just wither and die.
But the health insurance industry, mainly via Joe Lieberman, made sure that was never going to happen.
Don’t forget Joe Lieberman is one of the founders of the No Labels party.
https://www.nolabels.org/meettheteam
If you want to know who NOT to trust, check the link
That’s not even what’s happening. It’s vampire middlemen setting the prices, which is even worse.
Unfortunately Capitalism by its very nature abhors a free market. Free markets mean more competition, which means less profits. Which is counter to the ideology of capitalism, that being higher profits mean success.
Capitalism is fundamentally unstable and will devolve into monopoly and autocracy if not regulated to prevent it.