Health insurance costs are now so awesome that they are even wrecking large businesses—American auto manufacturers, for example. Health insurance costs also drive businesses overseas, they absorb much of the surplus from rising wages, and have increasingly made many Americans eager for a socialized system such as that offered in Europe and Canada.
Almost no other business in America has such abusive pricing power, including the power to keep charges secret from customers until they get their bills.
Government run health care destroys competition among health care providers. Without competiton, providers are able to manipulate the system to their benefit and bilk patients for charges far in excess of their actual costs.
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