Friday, June 29, 2012

Politicians need a paradigm shift


I don't care what tribe you come from.  What all Americans want is to dramatically lower their healthcare cost and have the freedom of choosing their care.  For this to happen politicians need a paradigm shift away from lower health care insurance premiums to simply lower healthcare cost.  There is a big difference there, and I think someone should be speaking out about this aspect of cost control.  
Originally insurers were there to keep cost low.  For the past several decades, insurance providers (government included) have exercised the practice of paying whatever cost providers demanded then passing those cost along to consumers.  The result was skyrocketing premiums at over twice the inflation rate.  
Insurers and providers have tried to justify these cost as necessary to pay for government regulation, new technology and R&R.  But you have to question the validity  of that when considering technology advances in almost every other industry brings cost down.

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