A lot of these limitations and costs are because of government. What happens when government regulates industries is that is effectively a tax, which is a cost to the companies in that industry, and they just pass it along to the consumer. They don’t eat it like a lot of big government activists think they should.
One such limitation are regulations that won’t allow companies to sell across state lines. Another is MediCare and MediCaid, run by the government. People who do business with these entities get reimbursed in a very slow manner—IF at all. Would you work not knowing when or even IF part of your paycheck wasn’t coming?
People have limited choices not because companies are mean or don’t want to sell. Have you ever met a businessperson who doesn’t want to sell you their product? It’s because the government raises their costs through unnecessary regulation or they impose tort laws that make it easier to sue doctors. In fact, the main reason health care is so expensive is because of tort laws. All those lawsuits for malpractice just get passed along to the consumer, as do all the Medicare and Medicaid benefits.
If anything government-related, health care should be handled at the state level. This is because state governments are more effective at managing money because it’s theirs and they can’t print it like the fed does.
The bottom line is this: when government picks winners and losers, some people get benefits, but most don’t because government has no incentive to deliver a quality product even as a third-party payer, which really makes it worse. The costs of even high-risk pools would drop with lower taxes, lower regulation and more competition. The biggest lie the pro big-government crowds have always sold is that it’s too big or complicated and only government can solve it----even when government was the problem to begin with.