They can only pass on so much before the customer moves to a new insurance company. Also, doesn't the insurance commissioner in each state have to approve of any increase in premiums?
1. The less efficient insurance companies get gobbled up by more efficient companies or go out of businesses. Not a bad thing.
2. Same as #1 applies to the hospitals/doctors. I see the big hospitals around here expanding their hospitals, buying the latest equipment, etc.
3. Meaning instead of paying per visit/test, you would pay by some other metric.
These rules apply to all health insurance companies though, meaning they will all be effected the same. The bottom line is you do not get something for nothing, we are getting something so someone will pay.
1. Not about efficiency, we are adding things to the system that cost. There is a reason they don't insure pre-existing conditions. Insuring those people will cost much more than the premiums they pay. Same thing with removing lifetime caps and all of the other stuff. It they could pay for that already and still make roughly the same profit they would.
2. I see some hospital expansion but most of it is with .gov money around here. The private hospitals are going under and there aren't any interested buyers. I have read that a ton of hospitals are in the same situation around the country. They require substantial subsidies (either private or public) to stay afloat, putting more burden on them just means we have to give them more money in some form or fashion.
3. It doesn't matter what metric is used to pay them. They still need X dollars to operate. Reducing one persons payments only increases another persons. That is what has been going on for a while and its to the point that we can't afford to cover the people who can't pay. So we are going to further reduce the payments made by people who can pay and that is supposed to fix the problem?
We aren't lowering costs of overall health care in this country we are increasing it by adding additional services provided. Those services will cost money and someone is gonna have to pay. The question still remains, who gets the bill? Forcing all of the insurance companies out of business in a few year span will be a disaster for the American people, at least in the short term. If it really is about helping people that should be something avoided at all costs.