[frollogaston]

Shouldn't insurance care about the pricing though? I get why federal govt isn't sensitive, given 0 competition.

[SoftTalker]

Insurance profit is limited to a percentage of what they pay out. So the more they pay, the more money they make.

[estearum]

Also the largest insurers increasingly own the doctors you’re seeing too.

Also the pharmacy you get your drugs from.

Also the entity that negotiates prices between pharma companies and your insurer.

More healthcare consumption = better, across the board

[frollogaston]

Oh, that's important info. Also such a rule suggests that health insurance isn't a competitive market.

[VirusNewbie]

wow, why would they cap it that way? that makes no sense.

[foolswisdom]

As noted by sibling comments, the arm of the Healthcare company that wons the doctor's office wants to collect as much as possible, while the insurance arms are anyway capped at how much they can make. Incentives (conflict of interest) are towards paying more.

[nicoburns]

Governments of countries that have public health care generally are price sensitive. The competition is from other governmental functions that need the budget.

[silotis]

That's less a matter of price sensitively and more that other countries usually have price controls on healthcare. That's why doctors make so much less and drugs are so much cheaper outside the US: it's literally illegal to charge more.

[whimsicalism]

massive proportions of utilization come from govt subsidized plans

[sleepybrett]

If the feds are mandating USA manufacture in order to secure the funding for the muni.. then it just really amounts to welfare for the bus manufacturer.

Which is probably the right way to support american manufacturing.