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View Diary: I feel sorry for health insurance companies. Yes, I said that. Why? This Time report must be read. (228 comments)

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  •  Insurance companies have done nothing to control (1+ / 0-)
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    medical costs.  They allow the escalating costs to be passed on to the patient and still make their profit.  If there was someone really trying to control costs, the US wouldn't be paying twice as much on healthcare as other countries with a similar outcome at best.  The insurance companies don't have the leverage to control what the hospital charges, nor are they motivated to do it.  What you need is government intervention.  The government comes in and says, this is what you can charge for that service.  You don't like it, then pack up your tent and go into another business.  We will take over.  Sorry, but that is the only way folks.  Do you think England, the Scandinavian countries. other European countries and Canada are stupid.  No, it is this country that is stupid.  Our Government is bought and paid for by the wealthy an they just love the status quo.  The fact is this country is a dam disgrace.

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