We ended up with a bill that will in all likelyhood be a boon to the private insurance industry since everybody will have to buy their product is the law stands.
no, they will not. 1st, choice in insurance is take away. you must have a policy that the government approves of. cost will be higher. 2nd. there is an option for business to pay a fine rather than pay for more expensive insurance. if you are a small business, it is smarter to pay the fine than provide more expensive government approved insurance. even for individuals who choose not to be insured, the fine is cheaper.
since the mechanism is not in place to collect the fine...yet, and because the businesses have already realized this, the admin granted wavers to many businesses. they didn't want the cost, both in laid off employees and lost insurance, to hit the press so early.
there are solutions to the cost of health care. we have listed many for you before
. among them is not obama care or single payer. both will drive cost up and care down. even if you did nothing, it is cheaper to pay for those who are uninsured by way of our own premiums, than to implement this system.
you think private insurance is wasteful. i agree that it has some major problems. there are no market forces in it. we all have come to believe that someone else should pay for what we need/want. if we really want accountability in health care cost, we need to be consumers of health care, not users of 3rd party insurance.
now....show me the government program that is not wasteful?