Taxes killing businesses?

Originally Posted by KZBell

We have had Kaiser Permanente for well over 20 years...our out of pocket has seen steady increases through the years but this year it went through the roof. It never would have got to this point if they would have just minded their own dam n business.

Kaiser Permaneta started out as health care for the Keiser shipyards that turned out Liberty ships by the ton during WW2. The owner owned steel and aluminum plants but the only thing that remains as far as I know is the hospitals and insurance division, funny how healthcare can be a $47.9B industry just for Keiser Permanente alone every year. Kaiser Permanente - Wikipedia, the free encyclopedia

You have to ask why is health care so expensive and so profitable. Rates go up because insurance companies get a cut of every dollar, so if costs go up so do their profits. Many states only have one insurance provider, kind of like the mob cutting out teritories nobody else can compete in. Obamacare was a gift to insurance companies, now everybody has to have insurance. If everyone has insurance then all health care costs are paid for by everyone, before if you had to get emergency medical care and had no insurance then the hospitals just jacked the rates up for those who can pay (insurance rates keep going up) while sticking the local states with some of the bill. We are better off with national healthcare cutting out insurance companies all together, then looking for ways to cut costs.