I don't think a heart attack or cancer should wipe out the life
savings with or without insurance. Competition is an attribute
which is suppose to keeps capitalism in check. I can't proclaim
monopoly with our health care situation, but something producing a
major imbalance for the consumer.
There are many dimensions and solutions that are never discussed.
The two sides thrown in our face are federal intervention and the fear
of federal intervention. I propose a compromise. Several years
ago, before the corporatization of health care, there was small town
hospital in Wood River Illinois. As a child, my parents allowed me
to read the tax bill. Interestingly, along side the public
library, the municipal airport, the fire, and police protection there
was a fee for the Wood River hospital. A subsidy you could call
it. At that time there was no community outrage for hospital
expense. I never heard of individuals loosing there homes because
of illness. I would proclaim that there was something in the local
subsidy that kept the cost in check. I also suggest the
corporatization of hospital and the health has eliminated any checks
and balances to keep cost under control.
Local ownership or representation in hospitals provide safeguards for
the public. Some may call this socialism, I call it democracy.