I was always stunned by the thinking that by creating lots of companies competition would drive the cost down. So you replicate all of the administrative overhead and add on millions in advertising costs and new administrative costs for doctors and employers alike who have to deal with multiple complicated programs and ten times the paperwork.
And of course the insurance companies will pass all the savings on to you. They'll shove and jostle with each other for your business and have to offer you the lowest cost possible. Right? Yeah, like they won't collude!
And of course the insurance companies will pass all the savings on to you. They'll shove and jostle with each other for your business and have to offer you the lowest cost possible. Right? Yeah, like they won't collude!