General Discussion
In reply to the discussion: Yes, the deductibles for a lot of people really stink in ACA [View all]PATRICK
(12,229 posts)cracked down on its own student loan program run through private loan companies, they ALL bailed. The fun profits and the narrow service they provided under the real rules made them fall back on private loans- which the students unhappily need even more than the government program. For some fairness and relief the government loan student sees his payment being socked away for Capitol play money by the billions instead of in the pockets of private loan execs.
Similarly, the government- which in both cases is doing nothing about the whole situation- is enforcing profit trimming laws. Even with many new and healthy customers and people who cannot make claims because of the deductible and copay cost the wind has gone out of the greed sail. Many are finding ways to bail. I would hazard a guess though that it is the companies with the lowest profit margins and best service who surprisingly might bail first under the new system. The logic of health care especially defies a top up profit motive spread out over a whole pack of feeding sharks. A single pool, a single service mathematically cannot be beaten by a host of little guys. That is for niches. Unfortunately the government by the theory of the current illogical occupants wants the taxpayer to fund only the niche, making everyone in the process very unhappy.
Three banned words on the radio, TV and press for several decades: Medicare for all- as envisioned by LBJ. While many other nations with less resources have already progressed through this painful great divorce from the insurance game cartel.