Posted by Alieta Eck On July 11, 2015 0 Comment
By Alieta Eck, MD | The Save Jersey Blog
What is organized crime? The dictionary defines it as a means of generating income through bribery and threats of grievous retribution, often buying political patronage for immunity from exposure and prosecution. Perpetrators of organized crime typically use credible front organizations, such as hospitals and charities. These establishments do not tolerate competition and constantly fight for monopolization, or “market share.” When organized crime is involved, goods and services cost more.
So how does this apply to our current medical care delivery “system?” Since the passage of the Affordable Care Act, there is a concerted effort to put everyone into a highly organized “insurance plan,” despite the fact that the plan costs far more than the free market would dictate. The overpricing ensures a steady flow of revenue to be siphoned off to the administrators and government officials. Campaign or “foundation” coffers are regularly subsidized to ensure favorable treatment by elected officials. And the people pay a huge price for poorer access and diminished quality.
Insurance companies claim to provide “protection” against financial ruin by selling a card that promises access to high quality care whenever it is needed. But the protection is illusion, as the purported savings are often fictitious.
Here are two real life examples: