I think instead of creating more regulatory conditions, we could just enforce fraud laws. Much of the inefficiencies today come from having so many compliance angles, this applies to both my field and the provider field as well. If.....say the HHS was the singular authority, but if you overcharge, double-dip bill, or misrepresent services then I see no reason why state financial regulatory authorities cannot simply have expanded capablities. In other words, I think we get it as far away from the feds as possible.I don't agree. Increased regulation needs to occur, not only around safety/quality, but around efficiency and abuses. The industry needs HUGE reforms.
I don't know about that Cap. There were quite a few doctors who retired in La. to get insurance licenses around the late '80s and early '90s when the state regulations became too burdensome. There is only so much a professional can take before saying it isn't worth the trouble.I agree completely with the first sentence. The second I think is doctors being over dramatic. Not going to happen.
We'll have to play the waiting game I guess, but I think this will be bad.Yes, reforms that could have been put in place, weren't. As far as costs go, I think we'll see some slight increases. Unsure if it will be more than that.
Insurance companies vary in coverage models and customer models honestly, it's kind of like agents. When one company gets a bad satisfaction rating it makes all the news servers, but when a company gets it right we hear nothing, kind of like doctors, lawyers, and every other professional. Much of the insurance problem in health is twofold, it works similarly to auto insurance being the main problem, and as well, prices are skyrocketing through little fault of the actual service providers but as a direct result of staff shortages, regulatory compliance costs, and CYA medicine due to tort abuse.The insurance industry needs to lose a lot of influence in legislative matters. I may not agree with some of the things that the AMA advocates (and no, I am not a member), but it's a drop in the bucket compared to insurance abuses that I have encountered.