That's just simple minded. If industry ran so well, there would be no need for government regulation. We found out in the 19th century about predatory corporations and the anti-trust laws were written to prevent the richest from unfairly monopolizing markets with below market pricing to force their competitors out of business, followed by raising prices once they were out of the way and raping the public. The government had to step in, and we all enjoy the benefit of fair markets where new entrants can form and provide competition. Government regulation is vital in these cases. If you can show how getting rid of mandated coverage by government gives us a better healthcare system, and you have to buy off that lack of health insurance causes thousands per year to die prematurely, I'll believe you. Show it. The goal is to improve the overall healthcare system.
LOL. The financial industry is probably the most regulated industry there is and we should all know by now how well all those government regulations worked out. But some people insist on keeping their head stuck in the sand then demand more sand. The results of mandated government coverage should be obvious to everyone, it mandates price increases that have to be passed on to the consumer. That of course mandates excluding some percentage of the 15% (before Obamadon'tcare) of the people in America that do not have health insurance from getting health insurance because of higher prices. Of course now, present day, all the government mandates required by Obamadon'tcare has resulted in hundreds of thousands of people losing their health insurance. Right now, the simplest and best way to improve healthcare in America is drop everything about Obamadon'tcare and start over with something that might actually improve healthcare. One more thing. A study done in Oregon proved there was no real advantage to a person having heath insurance against a person that did not as far as health improvements.
We could say the same thing about public education in this country, but the debate was held in the 19th century and we decided it fell under the authority of the government to provide for the general welfare of the nation, you know, things that are good for everyone. We are far better with a public education system where everyone can go. If you have a lot of money and you want to send your kid to a private school, go ahead. But everyone should have access to a minimum standard of education. It is no different with healthcare. Everyone should have access to a minimum standard of care (NOT UNLIMITED HEALTHCARE), and if you have a lot of money and you want to buy from a higher priced private provider, I don't see a problem with that.
Everyone all ready had access to health care before Obamadon'tcare. But if you want to discuss education I suggest starting a new thread. Your next para discusses "minimum standard of care".
No, the states didn't have it under control. I am only familiar with TX, but here you submit application to 3 companies and after you've gotten 3 letters of rejection, you send them to the state ins. commissioner. They send you a letter and tell you what ins. company to call and they WILL insure you, but you are NOT TOLD THE PRICE. The problem is that the price is exorbitant, and most people can't afford it. So, no, the states didn't have it handled.
Wait times are standard on all insurance, to insure that you don't wait until an event is certain to occur and then run and get insurance to cover it at the last minute. All homeowners ins. has a 30 day waiting period, so you can't sign up for it when a hurricane is coming and it looks like you will be wiped out. You can't pay a $100 premium one month and get them to replace your $100,000 house. So, waiting periods are there to insure you are signed up and paying premiums all the time, as its the only way to insure people aren't gaming the insurance business model.
It is the same under Obamacare, that is why it has the individual mandate. You never know when you will be in a serious car accident, or get a cancer diagnosis, and then it is too late to enter the system, start paying premiums and get the ins. co. to pay your bills.
Healthcare means life and death in many instances, which makes it a moral issue where there is no moral issue with property insurance. Because it is a moral issue, the government passed the emergency treatment in 1986, which Reagan signed into law. Well if the hospital has to treat you, you should be required to carry ins. to pay for it, instead of sloughing off your burden on others.
Emergency Medical Treatment and Active Labor Act - Wikipedia, the free encyclopedia