It’s Real Simple Folks in [Market-Ticker]

Price (Trump’s pick for HHS, which I remind you oversees Medicare and Medicaid) has given zero indication that he has any intention of reforming any of the monopolist practices in the health care industry.

Price insisted that Republicans can keep the protections for those with existing medical conditions without mandating that all individuals carry coverage or pay a penalty to support an expanded insurance pool. Price said Republicans want to address “the real cost drivers” of health care price spikes, which he said were not necessarily sicker patients, but a heavy regulatory burden, taxes and lawsuits against medical professionals.Not one word about monopolist pricing structures. Not one word about CON laws. Not one word about drugs that are 10, 20 or even 100x as expensive here as in other OECD nations and laws banning the arbitrage of those prices which would instantly collapse said price structure. Not one word about a system that has expanded “administrators” at 5x the rate of care-givers, all of whom you pay for. Not one word about a so-called “insurance” system that demands you pay continuing deductible amounts after the insured event happens should a calendar boundary be crossed, which is an out-and-out fraud. Not one word about a refusal to post prices and presenting you with a document demanding that you accept any bill for anything done, with no cap and no binding estimate. Not one word about charging different prices after the fact based on how you pay rather than what is done, which is not only improper it quite-arguably is felonious on its face as it constitutes a kickback (which are in many cases illegal and in all cases are taxable yet are not reported as such nor are the taxes paid.) Not one word about forcing you pay to correct errors made by the physician or, even worse, to treat infections and diseases contracted as a result of being in said hospital and inadequate sanitation.

Source: It’s Real Simple Folks in [Market-Ticker]


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