Yet you never hear anyone talking about it. Experiments in employer-provided health care failed miserably in the market before the HMO Act of 1973. There were only 40 HMO-type organizations in the entire United States until this bill was passed.
Socialized medicine is a horrendous concept, but in many ways the American insurance-controlled system is worse than government control. With government force insurance corporations have taken over medicine. They are a wedge in between patient and doctor.
Of course ignorant progressives blame the market, but this is a direct consequence of government intervention.
The HMO Act of 1973 is the problem and must be repealed.
**Also, I wish people would start referring to the HMO Act of 1973 as Nixoncare.
Want DP delivered to your inbox daily? Subscribe here:
Content of posts and comments on the Daily Paul represent the opinions of the original posters, and are not endorsed, approved, or otherwise representative of the opinions of the Daily Paul,