Why free market health care does not work

The arguments made by Jeff Jared in favor of free market health care should not go unanswered. Here are some reasons why the purely free market does not work for health care:

  • Like any private corporation, the priority of insurance companies is their own bottom line and a return to their shareholders. Your health is secondary.
  • The offering of “bare bones” insurance is a race to the bottom. It’s little better than an illusion.
  • The proliferation of private insurance companies and the accompanying maze of coverage details requires every doctor’s office to employ added staff. This, in turn, leads to higher costs.
  • The costs of running insurance companies is about 15 percent of the cash flow. For single payer systems, it is less than 5 percent.
  • Any insurance system relies on a sufficiently broad base to spread out costs. This is why the mandate in Obamacare is a critical part of limiting costs. You cannot let the young opt out just because they believe they will live forever.
  • Buying health care is not like buying a car. You do not shop around for the cheapest heart surgeon.
  • Over many decades, the American system of private insurance has been shown to cost twice as much and to lead to an inferior level of health.

David Malcolm,

Kirkland

More in Letters to the Editor

One way to address homelessness | Letter

Why is Seattle’s homelessness problem getting worse not better? Some people are… Continue reading

Innocent until proven guilty | Letter

Yes, today’s world is truly frightening. We are now living in a… Continue reading

A frightening reality | Letter

One can only conclude that President Donald Trump’s reality is his and… Continue reading

Big Oil’s ‘Kool-Aid’ | Letter

Voters drank Big Oil’s “Kool-Aid” on Nov. 6 and rejected Initiative 1631.… Continue reading

For unsolvable problems | Letter

For unsolvable problems The key to solving any problem is to understand… Continue reading

Non-addictive pain management | Letter

Dear high school student, If you get your wisdom teeth removed, take… Continue reading

Hate has no home here | Letter

Recently it was brought to my attention that fliers promoting racism and… Continue reading

A faithful response to hate | Letter

In response to the fliers recently posted in the Kirkland area by… Continue reading

Vote yes on I-1631 | Letter

I will be voting for I-1631, which will “charge pollution fees on… Continue reading

Heartless and clueless | Letter

Most of America can’t believe we have a president that is not… Continue reading

Trump should stand up for public lands / Letter

When Donald Trump was elected president, sportsmen had high hopes that the… Continue reading

Kudos for running thoughtful letter / Letters

Orchids to John Scannell for his well-written letter in your Oct. 5… Continue reading