Hacker News new | ask | show | jobs
by DaiPlusPlus 2369 days ago
> people are pushing for single payer and banning private health insurance

Single-payer does not mean abolishing private insurance.

Take the UK’s NHS for example - there’s a thriving private healthcare insurance and private healthcare provider industry there.

Trump’s bill is about price transparency - while the bill is not a bad thing it won’t solve the problem of inflated prices to counter insurance lowballing - I believe the end-result will be something like the “room rate” signs you see in hotel rooms in many states that show the maximum legally allowed billable rate for the room which is usually very high compared to the rate you’re actually paying.

As for the cost argument - people will NET save money because the tax increases to pay for universal coverage will be less than most people’s current healthcare expenses (assuming employers will pass on the savings from not having to pay for workplace health insurance as salary/wage rises for everyone).