lpnmajor wrote:
Sure, why not? That would definitely cause healthcare providers to lower their costs - because no one would be using their facilities, and they'd make NO money. The average earnings in America is about $75,000, so one $35,000 appendicitis case will wipe them out. What will hospitals do with 1000's of homes they've collected through suing patients for unpaid bills? What will cities do with 1000's of homeless people who used to own those homes? Eventually, pharma companies will go bankrupt, because no one is buying their shit anymore, hospitals will close, Doctors will seek other employment, Nurses will do so as well - until, only the rich will have access to any healthcare at all.
They make think they have a captured market, but when their market dies - they do too. The healthcare industry ( not to be confused with the healthcare INSURANCE industry ), relies on the Government to subsidize their profits, by subsidizing patients - the majority of whom cannot support them by themselves.
Let's say automotive manufacturers began charging $100,000 for a small economy car, the Federal Government mandates that all citizens must buy small economy cars, few citizens will be able to afford those cars, so for the manufacturers to remain in business and make all that money - the Federal Government must subsidize the cost of those cars. The ENTIRE healthcare industry, is being subsidized by the Federal Government, using money taken from the citizens.
Who's the REAL moocher here?
Sure, why not? That would definitely cause healthc... (
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Good example.