[JohnCohorn]

I wonder how much truth there is in the theory that insurers are incentivized to let costs go way up and may be complicit in it. Basically the theory I’ve heard is that Obamacare limited by law the percentage margin that insurers can make as their piece of the pie. So then one of the only easy ways left for them to grow their profits in an absolute sense is to increase the amount of money flowing through the system.

[peytn]

The other factor is that hospitals have wised up over the years and started merging, which turns them into local monopolies and makes insurance companies price-takers.