explanade
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- May 10, 2008
- Messages
- 7,442
Foreclosures from mortgages but not sure about bankruptcies.
I'm not sure about market forces in health care either. During the whole health care debate, there was talk about selling insurance across state lines. Turns out in many states, it's just one or two carriers which dominate the whole state market.
So deregulation could bring interstate competition in theory. Or the biggest insurers cherry-pick the most lucrative markets and bail on unprofitable ones, like they do with car insurance. Plus if applying real market forces means the insurers get to continue with preexisting conditions to deny or revoke coverage, then they may not get a market big enough -- young healthy people may not bother or have the money to get coverage on the individual market. Or simply redline those zip codes with older average populations.
The other part that wasn't really pursued are the providers and it's not clear that hospitals in a city would get into a price-war or anything like that.
I'm not sure about market forces in health care either. During the whole health care debate, there was talk about selling insurance across state lines. Turns out in many states, it's just one or two carriers which dominate the whole state market.
So deregulation could bring interstate competition in theory. Or the biggest insurers cherry-pick the most lucrative markets and bail on unprofitable ones, like they do with car insurance. Plus if applying real market forces means the insurers get to continue with preexisting conditions to deny or revoke coverage, then they may not get a market big enough -- young healthy people may not bother or have the money to get coverage on the individual market. Or simply redline those zip codes with older average populations.
The other part that wasn't really pursued are the providers and it's not clear that hospitals in a city would get into a price-war or anything like that.