For-profit health care is unsustainable. Soaring costs and the number of medical bankruptcies make that seem obvious.
The drag on small businesses, the most important drivers of our economy, is counterproductive. As the number of health insurance companies goes up competing for profit, the cost of insurance is supposed to go down.
But with 15 percent of insurance company expenses going to advertising, and record profits going to shareholders and CEO salaries, costs are not going down.
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