The free market would also allow the people to search for policies at competitive rates.
Oh yeah, that's worked out great..............for the health insurance industry.
Health Insurance A Near-Monopoly, Study Finds
We have fundamental differences in beliefs about the best way to tackle the health care problem. I won't convince you and you won't convince me.
Our current system is an economic disaster in the making. As a privately insured, self-employed person, I get to write the check to my insurance company monthly and to see how astronomically the rates have risen. If you think health care should be profit-driven even at the expense of the welfare of this country, I won't change your mind, but I see health care as an intergral part of the strength of this country, morally and economically.
IMO, the cost of policies and out-of-pocket expenses has yet to catch up with people who get their insurance through their employers. For many, the premium comes right out of their pay check and while the premium remains the same or rises, their out-of-pocket expenses increase. Because it's taken out of the paycheck, many don't even notice it.
The percentage of my income that I'm paying in health insurance premiums is second only to my mortgage, and at the rate of increase in my premiums, will surpass my mortgage within 8-10 years. There is an continual increase in the percentage of income paid for health insurance, especially among low income workers. This will have dire consequenses to our economy as premiums rise and people have less disposable income.
the ratio of employer-paid premiums to household income is 20 percent. That compares with 3.3 percent for the top-income group, in which nine out of ten workers are insured
McKinsey & Company - How health care costs contribute to income disparity in the United States - April 2009
I voted for Obama because he stated while campaigning that most people don't buy insurance not because they don't want it, but because they can't afford it. His goal was to bring the cost down first, not to mandate coverage. It seems that the mandate will be a part of the health care bill because Dems and Repubs alike are beholden to the health insurance industry and have to make concessions to their corporate donors.
While I'm not happy about mandates, I do think that an insurance exchange with a public option is the way to go in an attempt to provide affordable health care to most of the population.