Medical

Industrial Complex

Collusion & Monopolies

Californians could be required to have health insurance starting in 2020

Identical bills have been introduced in the California Senate and Assembly that would reinstate the individual mandate, requiring all Californians to have health insurance starting in 2020 or pay a tax penalty. 

“I don’t see a very rosy picture of what is happening now that the (federal) mandate is gone,” said Bill Youngblood of William Youngblood Insurance Agency in Rancho Mirage. “The pricing of insurance will increase without a mandate. You need everyone paying into the system to keep insurance premiums down. Insurance premiums paid without the mandate will not be enough to make a healthy insurance system for California or even the country.” 

“We need young people to pay into the health insurance system, even though they think they will live forever and nothing will ever be wrong with their health,” Youngblood said. “By everyone paying into the system, it helps keep insurance prices stable and more affordable for everyone.” 

Assemblyman Chad Mayes, whose district covers the Inland Empire, said he agrees that the health care system begins to fall apart when the mandate is removed. 

“I do believe in freedom and free markets and that individuals have choices,” Mayes said. “But we also have to be realistic to where we are today. 

The health care system is not a free market. 

By taking away the mandate, health care costs will be pushed up for those who are insured with higher premiums.”

DYI:  Amazing a small amount of truth from Nicole Hayden the author of this article.  Damn right the health care industry or what I call the medical industrial complex is NOT in the free market.  These mega corporations routinely collude in order to price fix and have moved from local to regional monopolies.  All are in civil and CRIMINAL violation of the Robinson-Patman, Clayton, and the granddaddy Sherman Anti-Trust Acts.  All of these acts have massive fines plus up to 10 years in prison. They were put into place 75 to 100 years ago to deal with the Robber Barons of the gilded age.  No new legislation is required.  At the State level there are numerous consumer protections laws with civil and criminal statues as well.  But alas this industry pumps out more campaign money [better known as bribes] than the military industrial complex so nothing is ever done.  Eventually this house of cards will collapse and God only knows what type of health care system will come out of the ashes.

If these acts were all actively enforced prices will drop on average 75% plus.  That is correct and that’s NOT a typo.  75% on average or to be more specific depending on the severity of the illness from 60% to 90% drop in costs.  Health insurance would only be needed for horrific conditions all other cost would simply be paid out of pocket and easily done even for the working poor.  That is the answer to our health care in this country is by having REAL free enterprise in health care.

  DYI