Epan, you make some good points. But it’s important to remember that the responsibility of the healthcare insurer is to its stakeholders, the bottom line, not to the members who need health care. Their responsibility under law is to make money, not to provide the best healthcare, though their PR departments would have us all think that is their goal.
history shows that w/ more competition w/in an industry, prices usually go down and the quality goes up. how/why? companies compete to be the best. also, when services/products drop in quantity their demand usually increases. this in turn increases costs.
so implement policies to widen bargaining or support easy flow between ensurers (that way punishments nor barriers are in the way of customers moving from company to company).
insurers don’t just get their money from customers, but loaners. we have seen issues in this area for decades really. implement policies that support smart business decisions. such as no bail outs! turn the banking system purely private and allow their failure. also lower or decrease qualifications for to start up.
increasing incentives for non-profit banking organizations may help society as well.
then from the federal reserve - allow ‘small’ loan opportunities to give small families or companies a chance to build their equity and credit. limit services and create strict regulations on installment plans. that way society has a means to enter real world finance, a means to get back into real world finance, and a stronger pull towards real world/free market finance
to help ensure this, customer knowledge is key. instead of implementing policies to undermine the free market by a national service (especially one that is morally corrupt and over all untrustworthy) and thrust new laws unto insurers. a more productive means would require industry reports to a single govt. outfit or non-profit affiliate (such as b.b.b.) so that buyers may actually be aware to their buy. know what goes into certain costs and why.
I tell ya right now, why certain coverages are the way they are - I don’t know. exploring insurers’ websites don’t always get me to the best answers either.