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billions no longer need to be spent keeping an industry thriving that doesn't actually provide a service.
I said getting rid of the for-profit health insurance industry.
originally posted by: Xcalibur254
a reply to: ketsuko
The middle man is no longer taking a significant cut of the profits though. They're taking enough to keep the above system funded but anything left is to pay the providers.
I'm sure it has nothing to do with the millions of dollars the health insurance industry pays to lobbyists every year.
Ask yourself this, if our current healthcare model is so much better than universal healthcare, why has no country with universal healthcare even considered switching back to the for-profit insurance model?
Chavez also fixed prices on basic foodstuffs, from coffee to cookies. When it became unprofitable for Venezuelan companies to make such things, Chavez simply used oil money to import them from abroad. Winning election after election, he went on to expropriate hundreds of private companies, from sugar plantations to dairy farms. And to stop people from dumping their bolivars, which were losing value, he restricted who could buy dollars and fixed the rate.
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